Blacky 2 schreef op 18 juni 2019 14:10:
[...]
For the 2019 short-term incentive scheme,
no changes are anticipated. Given the continued
operational focus on growing the business and
optimising profitability, the Supervisory Board
feels that the current KPIs (Revenue and EBITDA
– CAPEX), equally weighted, are still appropriate.
******************Regarding the long-term incentive scheme,
within an otherwise unchanged policy, the
Supervisory Board proposes to change the
current long-term incentive from stock options
to restricted stock units (RSUs) and to introduce
shareholding guidelines.***************************
TomTom will become an even more focused and
agile company, shaping the future of driving
with highly accurate maps, navigation software
and real-time traffic information and services.
The introduction of RSUs will facilitate the
promotion of share ownership and therefore align
management better with shareholder interests
and long-term value creation.
RSUs are a simpler and more transparent
instrument compared to stock options.
Outcomes of the grant are more predictable,
both for the recipients and for shareholders,
as downward risk and upward potential are
more balanced. Improved predictability makes
RSUs more attractive to the top managers
that TomTom wants to attract and retain.