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Och-Ziff details new exec bonus plan in effort to rebound from FCPA settlement

Feb 16, 2017 - SNL Financial
Financial Results

As part of a continuing effort to move past a multimillion-dollar bribery settlement, Och-Ziff Capital Management Group LLC has established a long-term performance-based incentive plan amid wholesale changes to its executive leadership team.

The plan, which is tied to total shareholder return for the company's executive managing directors, aims to strengthen its "alignment with clients and shareholders," Chairman and CEO Daniel Och said on a fourth-quarter 2016 earnings call. Starting in t...