Danish pension fund argues for capping stock bonuses for CEOs

Once the bonus-issued stock wealth of a CEO hits a certain level, bonuses should stop, says AkademikerPension.
Anders Schelde, chief investment and financial officer at AkademikerPension, hopes it will become common practice that companies halt bonus programs when the bonus-allocated stock wealth of CEOs reach a certain level. | Photo: PR/MP Pension
Anders Schelde, chief investment and financial officer at AkademikerPension, hopes it will become common practice that companies halt bonus programs when the bonus-allocated stock wealth of CEOs reach a certain level. | Photo: PR/MP Pension
by nicolai raastrup, translated by daniel pedersen

Chief Executive Officer at Genmab Jan van de Winkel is in a league of his own after many years of getting bonus-delegated Genmab shares. In total, he has around DKK 1.6bn (EUR 214.7m) in Genmab stock. 

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