Kim Fennebresque, chairman of US investment bank Cowen Group, will receive a stock package of $19m (€15m) when the company floats this summer. He will also earn a guaranteed $2m a year for the next four years.
His package is more than 40% higher than the combined remuneration of the nine-member board of Société Générale, the French bank that has put Cowen up for sale.
