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The CEO of Revolution Nik Storonsky is consistent with an additional bill of dollars if he directs Fintech to about 150 billion dollars, with a long -time payment package.
StoronskiWho established a “Organization” company, which amounts to $ 45 billion in 2015, has a large incentive deal that would increase his share in the revolution by several percentage points if the evaluation is more than three times from its current level, according to the people familiar with the matter.
One person said that the total amount of the offered shares may reach 10 percent of the company if all the goals were hit.
However, the package was organized so that it will be paid in stages when the evaluation is cleared specified sills, the person said.
Some people were marked by the Storonsky deal with the abundant salary deal negotiated by Musk with Tesla in 2018. That award, which was the largest in the history of the United States, led to a legal battle for a year.
The Storonsky Fractions Deal is preceded by the company in 2021, as the investment round led by Softbank evaluation was delivered 33 billion dollars.
Holding direct and indirect CEO in revolution The shares amounted to 25 percent in April this year after the reorganization of its ownership structure, according to the company’s last annual report.
Before that, no more than 25 percent of the shares in the case had no, although Storonsky was considered a person with great control.
The revolution plan confirms how investors seek to motivate senior executives to reach ambitious growth goals.
If DROCLUT has a value of $ 150 billion, it will also provide significant returns for the company’s investment capital, including Index Ventures and Balderton Capital.
Storonsky led the company to its evaluation of $ 45 billion last year, when the first employees and investors were allowed to benefit from some of their shares. He sold hundreds of millions of dollars from its own shares in the deal, and the Financial Times I mentioned earlier.
London starting profits in London increased by more than one billion pounds last year, exceeding 50 million customers, which strengthened the fees it offers from the cards and interest he earns on the deposit.
The revolution also benefited from a The return of the encryption trade,, Which increased the revenue nearly four times in its wealth, which includes the circulation of assets and digital assets.
Last year, Fintech received a bank license in the local market after a one -year operation. The award from the Bank of England is a milestone for the company, where executive officials now hope to help it secure licenses in other markets.
The company also started Pay cash rewards To employees as part of reforming their reward policy, a transformation from a previous system that has given only stock rewards. The move comes before a possible preliminary public offer for the revolution.
The revolution refused to comment.
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