Jayne Hrdlicka’s $50m Virgin Australia bonanza
According to the group’s annual report on Friday morning, Jayne Hrdlica, former General Manager of Virgin Australia, left its recent airline in cash and more than $ 50 million.
Hrdlica, who took over the airline shortly after the financial collapse of pandemic originating in 2020, left in March this year in June before his successful trust in ASX.
Jayne Hrdlickka will collect about $ 50 million after leaving Australia.Credit: Dan PELED
According to the report, he received more than $ 20 million cash payment and $ 18.4 million represented short -term incentives to be paid this month.
However, the biggest bonus will be from 10,244 million stocks, which is a part of the 2021 management equality plan (MEP), which is worth 29.7 million dollars during the public float of the airline but is currently worth 33 million dollars.
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These stocks are still subject to the conditions of trust, but it will be launched next year and between August 2027.
More will come
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