Edition:
India

Essentra PLC CEO Waives Salary Hike


Tuesday, 14 Apr 2020 

April 14 (Reuters) - Essentra PLC ::ESSENTRA PLC - PAUL FORMAN, CHIEF EXECUTIVE OFFICER, HAS WAIVED AN INCREASE IN HIS BASE SALARY AT 1 APRIL 2020.ESSENTRA PLC - CEO'S SALARY WILL BE REDUCED BY 20% FROM 1 APRIL 2020 UNTIL FURTHER NOTICE.ESSENTRA PLC - LILY LIU, GROUP FINANCE DIRECTOR, WILL HAVE A REDUCTION IN HER SALARY INCREASE FROM 9.9% TO 7.5% AT 1 APRIL 2020.ESSENTRA PLC - FINANCE DIRECTOR WAIVED ANNUAL INCREASE IN HER BASE SALARY AT APRIL 1; SALARY TO BE REDUCED BY 20% FROM 1 APRIL UNTIL FURTHER NOTICE.ESSENTRA PLC - GENERAL MANAGEMENT COMMITTEE HAVE ALSO TAKEN A REDUCTION IN SALARY BY 20% FROM 1 APRIL.