Favourable employee stock options are yielding massive returns for top executives at Seplat Energy Plc, Nigeria’s largest indigenous oil and gas producer. In a striking demonstration of how corporate compensation aligns with shareholder value, the company’s top two executives have consolidated their financial stakes, amassing a combined equities fortune of N87 billion. This windfall follows the recent vesting of shares under Seplat’s 2014 Long-Term Incentive Plan (LTIP). For Roger Brown, the Chief Executive Officer, and Eleanor Adaralegbe, t
Favourable employee stock options are yielding massive returns for top executives at Seplat Energy Plc, Nigeria’s largest indigenous oil and gas producer. In a striking demonstration of how corporate compensation aligns with shareholder value, the company’s top two executives have consolidated their financial stakes, amassing a combined equities fortune of N87 billion. This windfall follows the recent vesting of shares under Seplat’s 2014 Long-Term Incentive Plan (LTIP). For Roger Brown, the
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