Debenhams launches senior leadership incentive to keep turnaround on track
Debenhams’ parent company has unveiled a sweeping new long-term incentive scheme for senior leaders.
The Group Turnaround Scheme (GTS) replaces legacy reward plans that excluded CEO Dan Finley and CFO Phil Ellis, and is designed to lock in management for the next five years while pushing for a significant uplift in the company’s value.
It is understood the new plan comes after a period of significant restructuring and stabilisation under the recently appointed leadership team.
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