Vodafone executives cut share awards by 20% to reflect low stock price
Share:
LONDON (Reuters) - Vodafone's chief executive and finance boss have voluntarily cut their share bonus awards by 20% to reflect the poor performance of the mobile operator's stock over the last year, during which it cut its dividend for the first time.CEO Nick Read, who took the top job in October, will give up about 972,000 shares, worth 1.28 million pounds at Wednesday's share price. After the cut, he will be awarded 3.89 million shares in the 2020 incentive plan, worth 5.1 million pounds, the..