Intertek ( (GB:ITRK) ) has shared an update.
Intertek Group PLC announced that its CEO, André Lacroix, and CFO, Colm Deasy, have been granted rights to acquire shares under the company’s 2021 Long Term Incentive Plan. This move, which aligns with the company’s remuneration policy, is designed to incentivize and retain key executives by tying their compensation to the company’s performance. The awards are set to vest in three years, contingent on continued employment and performance targets, reflecting Intertek’s commitment to aligning executive interests with shareholder value.
More about Intertek
Intertek Group PLC operates in the assurance, testing, inspection, and certification industry, providing quality and safety services to various sectors. The company focuses on delivering innovative solutions to ensure the quality and safety of products and processes for its clients globally.
YTD Price Performance: 3.21%
Average Trading Volume: 455,211
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £8.04B
See more insights into ITRK stock on TipRanks’ Stock Analysis page.