financetom
Business
financetom
/
Business
/
Mercedes CEO almost doubled 2023 remuneration with big bonus boost
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mercedes CEO almost doubled 2023 remuneration with big bonus boost
Mar 15, 2024 7:54 AM

(Reuters) - Mercedes-Benz CEO Ola Kallenius almost doubled his remuneration last year thanks to high bonus payouts, a company report published on Friday showed.

Including pension costs, the CEO took home 12.7 million euros ($13.9 million) last year, an 80% increase from the previous year, according to the report.

($1 = 0.9142 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Activist investor Engine Capital supports call for strategic review at Parkland
Activist investor Engine Capital supports call for strategic review at Parkland
Apr 17, 2024
April 17 (Reuters) - Activist investor Engine Capital said on Wednesday that it supports largest shareholder Simpson Oil's call for a strategic-option review at Parkland Corp ( PKIUF ) , including a sale. (Reporting by Seher Dareen in Bengaluru; Editing by Anil D'Silva) ...
Abbott beats quarterly profit estimates on strong medical device sales
Abbott beats quarterly profit estimates on strong medical device sales
Apr 17, 2024
(Reuters) -Abbott Laboratories ( ABT ) beat Wall Street estimates for quarterly profit on Wednesday and raised the lower end of its annual forecast on robust sales of its medical devices, including glucose-monitoring products. Sales of Abbott's medical devices have been strengthened in recent quarters due to a resurgence in the demand for joint replacements as well as other surgeries...
What's Going On With VinFast Shares After Reaffirming Outlook Of 100,000 EV Deliveries?
What's Going On With VinFast Shares After Reaffirming Outlook Of 100,000 EV Deliveries?
Apr 17, 2024
VinFast Auto Ltd. ( VFS ) reported first-quarter earnings per share of $(0.26) loss, wider than the street view of $(0.22) loss.  EV deliveries were 9,689 in the first quarter, representing an increase of 444% year over year and a decrease of 28% from the fourth quarter of 2023. Total revenues were $302.6 million (consensus $450.618 million) in the first quarter, representing an increase of...
BRIEF-Future Pak Confirms Proposal To Acquire Vanda Pharmaceuticals For $7.25 To $7.75 Per Share In Cash
BRIEF-Future Pak Confirms Proposal To Acquire Vanda Pharmaceuticals For $7.25 To $7.75 Per Share In Cash
Apr 17, 2024
April 17 (Reuters) - Vanda Pharmaceuticals Inc ( VNDA ): * FUTURE PAK CONFIRMS PROPOSAL TO ACQUIRE VANDA PHARMACEUTICALS FOR $7.25 TO $7.75 PER SHARE IN CASH * FUTURE PAK - PROPOSES TO ACQUIRE 100% OF ISSUED AND OUTSTANDING SHARES OF VANDA * FUTURE PAK LLC : WOULD NOT REQUIRE A FINANCING CONTINGENCY IN CONNECTION WITH A TRANSACTION * FUTURE...
Copyright 2023-2026 - www.financetom.com All Rights Reserved