LONDON: England and Wales Cricket Board (ECB) CEO Tom Harrison is among a group of executives who will share a bonus of 2.1 million pounds that are projected after cutting 62 jobs last year due to financial losses caused by Pandemic Covid-19.
“The latest ECB account shows that the five-year long-term incentive plan will be resolved in cash in 2022, with Guardian, with Harrison, the chief executive of the council paid 512,000 pounds last year even though there was a voluntary salary, and Sanjay Patel, director of hundreds of executors, is one of the intended recipients, “read a report at The Guardian.
ECB seat Ian Watmore said the executives were valued because of their good work in the middle of the Covid-19 pandemic.
“Long-term incentive plans are widely adopted in many sectors, including sports federations, as a way to appreciate the performance of executive and long-term leaders and encourage retention,” he said.
The latest ECB account reveals that the five-year long-term incentive plan (LTIP) will be completed in 2022.
“Ling ECB was created to lead us through the negotiations of the final media cycle, the implementation of the inspiring generation strategy and the first two years of delivery.” ECB’s leadership performance at For the pandemic it was extraordinary and they were the first to commit to voluntary salary and cutting significant incentives in 2020.
Ling began in January and would mature in January.
2022.
The Board considers what, if there is, will replace them from 2022 and so on, “said Watmore.
Last year, it was widely reported that the player also approved 15 percent paycut to compensate for the royal caused by a pandemic caused by a pandemic.
The paper reports that The ECB suffered a loss of 16.5 million pounds in 2020-21 with a backup fell to two million pounds from 73 million pounds in 2016.