Freshworks Alters CEO’s Incentives, Girish Mathrubootham Misses Out on 60 Lakh Share????Performance Award
Freshworks, the software-as-a-service firm, has revised equity incentives for its CEO, Girish Mathrubootham. The earlier multi-year incentive linked to stock price targets, involving a performance-based restricted stock unit (PRSU) award of 60 lakh shares, has been replaced with a new $19 million long-term award. This change reflects the company’s strategic shift to ensure leadership motivation and shareholder value, as detailed in an SEC filing.
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