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Avast's new CEO to waive salary

Tuesday 2 July 2019 | 17:42 CET | News
Avast CEO Ondrej Vlcek notified the company's board of his intention to indefinitely waive his annual salary and bonus, and instead receive a nominal annual salary of USD 1. He will continue to receive annual equity grants as part of Avast's long-term incentive plan, calculated as a multiple of his (waived) base salary.

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Categories: Internet
Companies: Avast
Countries: World
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