Largest XRP corporate holder Evernorth plans hefty executive compensation

Evernorth Holdings, described as the largest corporate investor in Ripple’s XRP, plans to grant large compensation packages to executives as part of its Nasdaq listing process, according to a filing. Chief Legal Officer Jessica Jonas was awarded a $400,000 base salary and $4.5 million in restricted stock units. Chief Growth Officer Sagar Shah and Chief Operating Officer Megumi Nakamura will each receive a $300,000 base salary and stock awards worth $2.8 million. The company said the packages are intended to motivate employees during the Nasdaq listing process and support long-term growth. Evernorth currently holds 473 million XRP and is carrying a $38.4 million loss on its digital assets as XRP prices declined.