Samsung Executives to Get Part of Bonus in Stock in Big Revamp

Samsung Electronics Co. has decided to pay part of executives’ bonuses in stock rather than cash for the first time, linking pay to share performance at a time the company is struggling with chipmaking.

The company will pay a portion of the annual bonus in shares to executives starting January next year, according to an internal posting confirmed by the company. The stock portion of the bonus — previously all cash — varies from 50% to 100%, increasing in proportion to seniority. Company officials will then be barred from selling those shares for one to two years, again depending on ...