The Board of Directors of industrial valve manufacturer, Metso, has decided to continue the long-term share-based incentive plan for the Group’s senior management, with a Performance Share Plan (PSP) as the main structure. In addition, the Board decided to continue the Restricted Share Plan (RSP) as a complementary share-based incentive structure for specific situations.
The aim of this long-term incentive plan is to align the interests of the management with those of the shareholders in order to increase the value of Metso – with operations in North and South America – and to commit the senior management to Metso by offering them a competitive long-term incentive plan in the company.