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Generation Development Group Limited ( (AU:GDG) ) has shared an announcement.
Generation Development Group Limited has revised the remuneration structure of its Chief Executive Officer, Grant Hackett, following a benchmarking review against similarly sized ASX-listed peers, lifting his fixed pay, short-term incentive potential and long-term incentive opportunity while maintaining an at-risk, performance-weighted mix. The Board said the changes are designed to align pay with the company’s enlarged operating scope and multi-year integration and transformation program after the Lonsec and Evidentia acquisitions, with incentives tied to financial, synergy and integration outcomes, and confirmed there are no changes to Hackett’s contract terms, termination provisions or change-of-control arrangements.
The most recent analyst rating on (AU:GDG) stock is a Buy with a A$6.70 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
More about Generation Development Group Limited
Generation Development Group Limited is an ASX-listed financial services group that has recently expanded its scale and complexity through the acquisitions of Lonsec and Evidentia, and is focused on building a scalable operating model supported by strengthened regulatory, risk and technology capabilities to drive growth and shareholder returns.
Average Trading Volume: 1,558,681
Technical Sentiment Signal: Buy
Current Market Cap: A$2.45B
Learn more about GDG stock on TipRanks’ Stock Analysis page.