Legacy Reserves rolls out new management bonus plan [Seeking Alpha]
LEGACY RESERVES (LGCY)
Last legacy reserves earnings: 5/9 07:32 pm
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Source: Seeking Alpha
Legacy Reserves rolls out new management bonus plan - Legacy Reserves Inc. (NASDAQ:LGCY) | Seeking Alpha Energy | On the Move Legacy Reserves rolls out new management bonus plan May 24, 2019 3:57 PM ET Legacy Reserves Inc. (LGCY) Carl Surran Legacy Reserves ( -35.8% disclosing retention agreements Under LGCY's new incentive plan, CEO James Westcott, President/COO Kyle Hammond and CFO Robert Norris will be eligible to earn target bonuses of 310%, 190% and 130% of base salary, respectively. LGCY says the plan was adopted as a means to incentivize certain key employees to remain with the company. See all stocks on the move » Now read: Legacy Reserves: Increased Interest Costs Raise Estimated Breakeven Point To $65 WTI Oil » Subscribe
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