09-06-2026 12:45 via theregister.com

Kyndryl showers execs with shares while staff ponder redundancy packages

Timing, as we noted previously, is everything. Now hard-pressed tech services biz Kyndryl is dishing out shares worth hundreds of thousands of dollars to execs in the middle of a redundancy program – and some staff are not amused. According to SEC filings made on June 5, chairman and CEO Martin Schroeter was awarded 19,406 units of common stock, valued at $12.25 per share. On the same day, Kyndryl confirmed Group President Elly Keinan and interim CFO Harsh Chugh were given 133,894 shares a
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