Liberty Latin America Ties CEO Nair's Share Awards to 2025 Performance Targets
Liberty Latin America Ltd. has updated the equity compensation terms for its Chief Executive Officer, Balan Nair. The company previously granted Mr. Nair performance share units (PSUs) in three installments, with the final portion of 156,250 PSUs originally contingent on achieving 2024 performance objectives. After determining that the 2024 objectives were not met, the company's compensation committee has now tied the vesting of these PSUs to the achievement of 2025 performance goals. These goals focus on the execution of strategic, capital allocation, and value-enhancing initiatives, as well as improvements in risk management and achievement of budget targets. The PSUs will vest on March 15, 2026, if the committee assesses Mr. Nair's 2025 performance as "strong" or better.
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