Feb 12 (Reuters) - Super Retail Group Ltd (SUL) :
- WILL MAKE BACK PAYMENTS TO RETAIL MANAGERS AFTER COMPLETING A COMPREHENSIVE REVIEW OF EMPLOYMENT ARRANGEMENTS ACROSS BUSINESS.
- CO WILL ALSO RECOGNISE COMPENSATORY INTEREST ON AMOUNTS OWING AND PAYROLL TAX OF APPROXIMATELY $11M PRE-TAX IN HY
- PETER BIRTLES WILL STEP DOWN AS MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER EFFECTIVE FEB 20
- IN HY RESULTS, WILL RECOGNISE ABOUT $32M PRE-TAX FOR ESTIMATED COST OF BACK PAYMENTS FOR 6 FINANCIAL YEARS UP TO & INCLUDING FY18
Source text (http//reut.rs/2StCSy6)
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News: SUL Super Retail Group Says Will Make Back Payments To Retail Managers After Completing...
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$15.15 |
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Mkt cap ! $3.421B | |||
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