Fresh Del Monte Boosts Compensation Package for Incoming President and COO Mohammed Abbas-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Fresh Del Monte Boosts Compensation Package for Incoming President and COO Mohammed Abbas

Reuters01-08

Fresh Del Monte Boosts Compensation Package for Incoming President and COO Mohammed Abbas

Fresh Del Monte Produce Inc. has announced new compensation terms for Mohammed Abbas, who will become the company's President and Chief Operating Officer effective January 1, 2026. Abbas's base salary will increase from $850,000 to $1,000,000. His target opportunity under the Senior Executive Annual Incentive Plan will rise from 60% to 65% of his base salary, and his cash target under the Long-Term Incentive Plan will increase from 35% to 50% of his base salary. His target equity award opportunity remains unchanged at 100% of his base salary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fresh Del Monte Produce Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001047340-26-000003), on January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Abbas's base salary will increase from $850,000 to $1,000,000. His target opportunity under the Senior Executive Annual Incentive Plan will rise from 60% to 65% of his base salary, and his cash target under the Long-Term Incentive Plan will increase from 35% to 50% of his base salary. His target equity award opportunity remains unchanged at 100% of his base salary.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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His target opportunity under the Senior Executive Annual Incentive Plan will rise from 60% to 65% of his base salary, and his cash target under the Long-Term Incentive Plan will increase from 35% to 50% of his base salary. His target equity award opportunity remains unchanged at 100% of his base salary.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fresh Del Monte Produce Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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