BuzzFeed announced its go-forward model for employee equity compensation and incentives. BuzzFeed founder and CEO Jonah Peretti is taking the majority of his compensation as a stock-based package-at the money options-and removing the bulk of his cash based-compensation. The company is also extending stock incentives to senior executives across the organization. The move provides stock options with a strike price at the current value, further aligning the leadership team with the interests of shareholders.
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