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Vista Outdoor ( (VSTO) ) has issued an announcement.
Vista Outdoor Inc. has awarded transaction incentive bonuses of $1.2 million each to executives Jason Vanderbrink and Eric Nyman for their pivotal roles in the company’s strategic initiatives, including the potential separation of its Revelyst and The Kinetic Group segments. These bonuses are contingent upon the successful completion of these corporate strategies and the executives’ continued employment until that time. Should either executive be terminated without cause before the bonuses are due, they will receive payment within 30 days of their departure.
See more data about VSTO stock on TipRanks’ Stock Analysis page.