new ceo and chairman, page-53

Exciting times ahead for MAD that's for sure.

Bluegoose, you're forgetting the close to $15 million (25 million shares and rights) Yeager gets in the first year.

When his appointment was announced those shares were worth just over $10 million. So we're all winners and smiling today :D

"Yeager — the ex head of BHP Billiton Petroleum – joined Maverick as CEO and Executive Chairman Oct. 15. He will earn an annual base salary of $1.3 million and an annual retirement contribution of $500,000, the company said Monday. Yeager will receive 15 million Maverick shares and 10 million performance rights or same in cash if shareholders kick up a stink. The value of the stock and rights just jumped from $10.6 to $12.1 million. That’s roughly twice Yeager’s 2011 package at BHP. "

http://www.fusioninvesting.com/2013/10/j-michael-yeager-takes-reins-att-maverick-drilling-and-exploration/