13-02-2016 00:37 via uk.news.yahoo.com

Twitter says Dorsey continues to forego direct compensation

(Reuters) - Twitter Inc Chief Executive Jack Dorsey has agreed to continue to forego any form of direct compensation, a regulatory filing by the company showed on Friday. Dorsey in June agreed to no salary until the company's compensation committee agreed upon a package for him. The committee decided on Wednesday to introduce a performance-based equity compensation program for Twitter's top executives to tie their performance more closely with that of the company, according to the filing.
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