GameStop (GME.N) announced that it has granted CEO Ryan Cohen a long-term performance incentive. The incentive includes options to purchase 171.5 million shares of the company’s stock, with the first tranche of options vesting upon the company reaching a market capitalization of $20 billion. The overall plan is designed to incentivize management to drive the company’s market capitalization toward a $100 billion target.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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