Waters Corporation Grants CEO a $1.5M Performance Bonus

Published: Dec 21, 2016

Milford medical device maker Waters Corp. has awarded a performance bonus worth up to $1.5 million to President and CEO Christopher O'Connell.

The company announced Thursday O'Connell and two other executives were granted performance stock units at the board of directors' Dec. 9 meeting. The executive's ability to use all or a portion of the shares is contingent on the company's shareholders total return compared to other companies in the S&P 500 Health Care Index.

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