Buzzfeed inc., bullish about future of the company, redefines compensation model to drive value creation

New york--(business wire)--buzzfeed, inc. (nasdaq: bzfd) today announced its go-forward model for employee equity compensation and incentives. buzzfeed founder and ceo jonah peretti is leading the way for this change, taking the majority of his compensation as a stock-based package—at the money options—and removing the bulk of his cash based-compensation. the company is also extending stock incentives to senior executives across the organization. the strategic move provides stock options with a.
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