Man CEO Gets Bonus For First-Year Progress

Mar 14 2014 | 10:54am ET

Man Group has rewarded CEO Emmanuel Roman for its turnaround.

Roman received a US$2.3 million bonus on top of his US$1 million salary last year. In 2012, the former GLG Partners executive received no bonus.

Last year was Roman’s first at Man’s helm. He moved to aggressively cut costs and restructure the firm’s management, achieving Man’s first increase in earnings and share price in four years. He could have received an even larger bonus, but Man fell short of its revenue and earnings targets.

Man CFO Jonathan Sorrell also got a raise, thanks to a US$1.9 million bonus. Sorrell’s total compensation of US$2.6 million was 42% higher than in 2012.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of