Rear Window
Former mall king gets his bonus erased
Mark Di StefanoColumnistVicinity Centres — the ASX-listed Aussie mall owner — has rubbed out some $4 million worth of unvested stock earmarked for former chief executive Grant Kelley, who has previously been accused of peppering a female executive with creepy comments.
The company made the announcement in a disclosure to the ASX on Wednesday. Nestled in the “other information” section of the filing was the news that Kelley’s 2,083,682 of unvested performance incentives had been cancelled by the board.
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