DFS’s top two executives have been granted shares that could be worth more than £1.4m.
Tim Stacey, DFS ceo and John Fallon, DFS cfo have been awarded 860,120 and 546,486 shares respectively under the group’s long-term incentive plan. The options represent 175% of Stacey’s salary and 140% of Fallon’s.
The shares will vest after three years subject to adjusted earnings per share and relative total shareholder return targets being met.