Brambles grants share rights to its executives

Company News

by Kathy Skantzos

Logistics giant Brambles (ASX:BXB) has granted 2.17 million of performance share rights to its executive directors and senior managers.

The awards can be taken in the form of short or long term incentive and were granted yesterday.

No consideration is payable for the shares.

As part of the grant, CEO Graham Chipchase will be entitled to about 285,600 shares.

CFO Nessa O’Sullivan will be entitled to about 170,560 shares.

Shares in Brambles (ASX:BXB) are trading 0.2 per cent higher to $9.33.

Kathy Skantzos

Finance News Network
Kathy presents the Market Outlook and ASX company news. She joined FNN in September 2017. She has been in print and online journalism for over 9 years. She also worked in corporate communications.