Republic Services (RSG) has released an update to notify the public and investors about its officers.
Republic Services, Inc. has strengthened its corporate governance by appointing Tom Linebarger to its Board of Directors, where he will contribute to the Audit and Sustainability & Corporate Responsibility Committees. Linebarger’s compensation aligns with the company’s standard non-employee director terms, including pro-rated restricted stock units valued at $230,000 annually and a $100,000 retainer. These stock units, which vest immediately, will be converted into common stock upon his departure from the Board or after three years, with the option to defer into a compensation plan. His selection was made independently, with no material personal interests in company transactions.
For further insights into RSG corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
