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Edwin van der Sar Termination Payment and Bonuses Revealed in Ajax Annual Report

Edwin van der Sar has received a termination payment of 300,000 euros from Ajax. Van der Sar resigned from his duties as general manager earlier this year.

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Ajax announces the amount of the termination compensation in the annual report. Van der Sar also received a bonus of 200,000 euros. The former director received a variable remuneration that is partly related to predetermined goals in the areas of management and organization, budget results, overall coordination and communication and partly related to the sporting performance of the main force.

“In connection with the termination of Van der Sar’s employment, a settlement agreement was agreed, with a termination payment of 300,000 euros,” it said. ‘The parties also agreed on a payment of 200,000 euros for the bonus linked to objectives, taking into account the termination of the employment contract at Van der Sar’s own request. Earlier in the season, a bonus of 50,000 euros was already paid out for sporting performances.’

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Not only Van der Sar received a bonus. All other directors have also received a significant bonus. Commercial director Menno Geelen received 142,500 euros for achieved objectives and 25,000 euros for sporting performance, financial director Susan Lenderink (142,500 euros) and Chief Sports Officer Maurits Hendriks (112,813) received slightly less.

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2023-10-03 11:30:22
#Ajax #annual #report #Van #der #Sar #compensation #amount #bonuses #directors

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