EON AG (EOAN)’s executive board compensation system works, Frankfurter Allgemeine Zeitung said, citing an interview with the utility’s supervisory board chairman Werner Wenning.
The executive board was paid less than last year because the long-term component was cut, the German newspaper said. Short-term components were calculated without exceptional one- time effects such as costs tied to Germany’s change in energy policy, Wenner said, according to FAZ.
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