The board of directors of Amer Sports allocated more company stock to the Finnish company's Performance Share Plan and approved a plan to expand the number of employees eligible to participate in it from approximately 80 to 200 for the 2013-2015 period.
The company increased from the maximum total of Amer Sports shares that can paid on the basis of a share in the plan from 1.1 million to 1.4 million.
The board approved the Performance Share Plan Dec. 14, 2012. Other terms of the plan remain unchanged. The changes were made ahead of the Dec. 31 expiration of the company's deferred cash long-term incentive program 2011-2013.
Amer Sports owns such internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Mavic, Suunto and Precor. Its Outdoor and Winter Sports Division is based in Ogden, UT, while its global headquarters is in Finland, where its shares are listed on the NASDAQ OMX Helsinki stock exchange under the ticker AMEAS.
