EABL executives get Sh125m Diageo shares in compensation deal

 Workers at the East African Breweries (EABL) Microbrewery off Thika Road on January 26, 2024.

Photo credit: File | Nation Media Group

Senior executives of listed brewer EABL were awarded shares worth Sh125.22 million in the company’s British parent Diageo Plc in the year to June 2024, representing a decline of 20 percent from the value of the previous year’s stock-based compensation.

The British firm awards its senior executives the stock as part of its non-cash remuneration plan, with the award schemes linked to the performance of its share on the London bourse.

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