Coupang Welcomes Asha Sharma to Board with Equity Incentive

Coupang (CPNG) has shared an announcement.

Coupang, Inc. has appointed Asha Sharma as a new independent director to its Board and as a member of the Compensation Committee. She received a restricted stock unit award of 14,248 shares under the company’s 2021 Equity Incentive Plan, set to vest by June 2025 or the next annual stockholder meeting. Additionally, Sharma is entitled to further stock awards as part of the non-employee director compensation policy and will receive similar indemnification as other directors. The company publicly announced Sharma’s appointment through a press release on June 25, 2024.

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