It pays to be the MD of a listed company.
US$475k salary plus US$100k sign-on plus US$100k bonus for only 6 months.
With the market cap at $50M, the new CEO is taking almost 2% (or close to $1M).
Imagine if an ASX200 was offering 2% market cap for the top dog’s salary/bonus????
This is a general statement, I wish base salaries were more reasonable and the really lucrative bonuses were tied to increasing the share price.
Ann: MDR announces executive changes, appoints US-based CEO & MD, page-2
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Last
41.0¢ |
Change
0.020(5.13%) |
Mkt cap ! $226.0M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 41.5¢ | 39.0¢ | $240.8K | 603.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 7692 | 1 |
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| MDR (ASX) Chart |