Franklin Resources Inc.
02/09/2024 | Press release | Distributed by Public on 02/09/2024 15:22
Management Change/Compensation - Form 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On February 5, 2024, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Franklin Resources, Inc. (the "Company") awarded a special bonus of $750,000 (the "Bonus") to Matthew Nicholls, the Company's Executive Vice President, Chief Financial Officer and Chief Operating Officer. The Bonus was awarded to Mr. Nicholls in recognition of his contributions to a recent acquisition and is payable in cash on or before March 1, 2024.
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