By Money Web
The news that Naspers CEO Bob van Dijk and CFO Basil Sgourdos have been granted R176 million in performance share units is not, in itself, surprising. Under its new long-term incentive plan, Van Dijk received R86 million worth of performance stock units (PSUs) in dollars, while Sgourdos received R44.6 million worth (also in dollars). These PSUs will vest in full after three years, if the performance condition is met.
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