Omega CEO could gain $2.5mn+ from sale
Omega CEO Richard Pexton could earn a gross windfall of $2.9mn if he presides over the sale of the company later this year, analysis from The Insurance Insider shows.
According to sources, some shareholders are unhappy with the scale of the potential payout for a CEO whose rein has coincided with a sharp contraction in the company's share price.
If Pexton's employment is terminated after a change of control his payout would include 150 percent of his base salary -...
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