The long-term bonuses of N Brown's chief executive and chief financial officer have been frozen despite the company's share price more than halving in value over the last year.
The Manchester-headquartered retail group, whose brands include Simply Be, JD Williams and Jacamo, said normal long-term incentive plan (LTIP) award levels are being maintained "to ensure that management has an incentive that is sufficiently leveraged to truly drive and reward performance and returns for our shareholders".
LTIP award levels for CEO Steve Johnson will be 150% of his salary for the year to February 2023 and 125% of Rachel Izzard's salary.
