Melrose Industries , the UK engineering firm, has awarded its four top directors a shared bonus of £160m ( £40m ), one of the largest in the country's history. The bonuses will be awarded to the four co-founders of the company and its finance chief as part of a five-year incentive plan approved by investors in five-year . The size of the payout will depend on how much executives improve acquired businesses and sell them for. The three directors, who will receive £40m each in shares, already own 2.25% of the company collectively, and this figure will rise to 2.25% following the award.
Melrose Industries , the UK engineering firm, has awarded its four top directors a shared bonus of £160m ( £40m ), one of the largest in the country's history. The bonuses will be awarded to the four co-founders of the company and its finance chief as part of a five-year incentive plan approved by investors in five-year . The three directors, who will receive £40m each in shares, already own 2.25% of the company collectively, and this figure will rise to 2.25% following the award.