HC2 Holdings CEO Phil Falcone Voluntarily Commits to Forgo Bonus Until HC2 Stock Price Reaches $7.50
HC2 Holdings, Inc. (HCHC)
NASDAQ:AMEX Investor Relations:
ir.hc2.com
Company Research
Source: GlobeNewswire
HC2 Recommends Stockholders Sign, Date and Promptly Return the WHITE Consent Revocation Card and Mark “REVOKE MY CONSENT” Boxes to Oppose Each of Percy Rockdale’s Proposals and Support HC2’s Independent, Experienced and Highly-Qualified Directors, and Discard Any Materials from Percy Rockdale NEW YORK, April 28, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, today announced that Philip Falcone, HC2’s Chief Executive Officer and President, has voluntarily committed to forgoing any potential bonus payments in respect of 2020 performance or any future year performance until the stock price reaches an average trading price of at least $7.50 per share over a 30 trading day period. “I have voluntarily committed to forgo any potential bonus payments I may be eligible to be rewarded in respect of 2020 performance or any future year performance until HC2 stock reaches an average trading price of at least $7.50 per share
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