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.