Esvagt CEO receives million-dollar bonus after change of ownership

Private equity firm 3i, which last year took over full ownership of Esvagt, pays a million-dollar bonus to Chief Executive Peter Lytzen and his deputy CEO. A reward for creating value in the offshore and wind carrier, states 3i to ShippingWatch.

Photo: PR/Esvagt

British private equity firm 3i rewards the top management of Esvagt by issuing a large million-dollar bonus for the two top executives, who receive DKK 17.4m (USD 2.5m) on top of their usual wages.

The top management consists of CEO Peter Lytzen and Deputy CEO Kristian Ole Jakobsen.

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