Tag: Elad Even-Chen

Plus500
September 17, 2020 BY Steffy Bogdanova

Plus500 appoints Anne Grim to the Board as a Non-Executive director

However, “Resolution 17” for a bonus for the Group’s CFO Elad Even-Chen was withdrawn. Even-Chen was considered for a significant cash payment reward for ensuring "a significantly reduced Corporation Tax liability" and saving the company more than $100 million. The bonus proposal faced opposition from some of shareholders and Institutional Shareholder Services had recommended that the…

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Plus500
September 16, 2020 BY Steffy Bogdanova

Plus500 keeps its performance momentum in H2 but may face shareholder disapproval of CFO bonus

All of these factors have contributed to the platform usage remaining at elevated levels and customer deposits remaining robust. The trading platform is well positioned to deliver sustainable future growth due to its proprietary technology, its flexible and scalable business model, its strong financial position and a track record of delivery against key performance metrics.…

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