HIO 4.55% 2.1¢ hawsons iron ltd

Ann: Retirement of Managing Director, page-5

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  1. 5,260 Posts.
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    “Bryan will leave the company well positioned…”

    What about the shareholders?

    https://hotcopper.com.au/data/attachments/6149/6149406-ebb9f8f10cb3b1d204941d6e18d000f7.jpg

    He definitely leaves with himself well positioned. Here’s what his total remuneration was each year:

    FY2021: $124,647 (joined halfway through)
    FY2022: $398,537
    FY2023: $443,681

    Given he’s not completely stepping down until after 30 June, you can safely assume for FY2024 he’ll earn at least $400,000 again… so his total for the 3.5 years will be >$1,373,500.

    I’ve said all along, it’s pretty clear who this company is enriching. Which study are they up to now?
    Last edited by mondyinvest: 06/05/24
 
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