Hi All.
According to Intec's Annual Report page 18 Philip Wood's Base salary PLUS Superannuation was, at the 1st July 2008 $381,500. Since no motions for an increase was put forward at the AGM and the Term of Agreement was for 3 years then I think I am on secure ground when I say Philip's salary has been misquoted by a fairly large margin. Since I do not know what the Superannuation component is I can not give a proper figure for salary alone.
I will let anyone interested reduce the above salary AND Superannuation by 15%.
Paying peanuts gets monkeys and Philip Wood is no monkey.
Expect more good news from Intec and at least it will be accurate.
Cheers.
what risk of not getting the plant, page-20
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