Here’s what you should know.
1. Valeant also revoked CFO Paul Herendeen’s award.
2. Both executives received large upfront equity awards when they were hired in 2016. They’ll instead get smaller annual grants.
3. The grants will vest if the company increases its stock value to certain figures.
4. Mr. Papa will receive a $10 million long-term incentive package this year. He wasn’t awarded any equity in 2017.
More articles on supply chain:
Nobilis looking for more large in-network acquisitions in 2018: 5 key quotes from CEO Harry Fleming
Congress questions Joint Commission accreditation process — 7 insights
Common deficiencies cited by AAAASF and how to fix them: Administration of drugs
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
