Christmas has come a few months early for some executives and directors at Connecticut-based gas player Dorian LPG.
New York-listed Dorian has ladled out supplemental bonuses in cash and restricted shares to chief executive John Hadjipateras and Dorian USA CEO John Lycouris, piled on top of raises already awarded when the company published its annual proxy report in July.
Dorian has also approved a 50% increase in share-based compensation for the six non-employee directors on its board, along with granting some additional restricted shares to non-executive employees of the company.