The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Janus CEO Gets Options Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, May 18, 2004

Janus CEO Gets Options

by: Caitlin  Pickall

Steven Scheid, the new CEO of Janus Capital Group, Inc., announced in a conference call last month that he planned to set a corporate example with his pay package.

Not only would he take home considerably less than predecessor Mark Whiston, who earned $4 million in 2003, but his compensation would be more closely tied to company performance.

Now details are out on that promise to tie pay to long-term incentives.

Scheid was granted 54,833 shares of restricted Janus stock with a four-year vesting schedule beginning next March. He was also granted 319,019 stock options with a 10-year term and $14.59 exercise price. One-fifth of the options vest annually, also beginning in March 2005.

Shares of Janus opened on the NYSE at $14.80 on Tuesday and have a one-year estimated target of $18.06.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use