Beyond Inc (BYON) has released an update.
Marcus Lemonis has been named Executive Chairman of Beyond, Inc., set to take on the role from February 20, 2024. With a performance-based compensation plan, his stock options are tied to aggressive growth targets, aligning his earnings with shareholder value. Since Lemonis joined the board, Beyond’s stock has soared by approximately 72%. His stock option award, dependent on meeting specific price milestones, is designed to ensure his interests are squarely focused on the company’s long-term success and will be put to a shareholder vote at the 2024 annual meeting.
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