In light of the current economic conditions, the board of directors for Capital Senior Living on Monday approved a temporary suspension of equity awards to any director or officer of the company. The Compensation Committee also reported that it would not increase the annual base salaries of Capital Senior Living’s executive officers for 2020.
The Dallas-based company, which operates 127 senior living communities throughout the country, also reported Monday that its board has approved a retention plan bonus program for executive officers who remain with the company through March 2021.
