Time to pack your bags CEO Jackie Fairley. If there has been a worse value for money long-term CEO in ASX history then please let me know.
The day after she was appointed as COO of Starpharma in 2005 the SPL share price opened at 68 cents. One year later she was appointed CEO.
Now 17 ( S E V E N T E E N) years later, the SPL share price is currently at 58 cents.
And your friendly reminder that the EV of Starpharma is now a paltry $187m. Last financial year Jackie personally took home total remuneration of around $1.3m. All the directors and KMP executives took home a combined remuneration of approx $6.9m.
Just what does this woman have to do, or not do, to get sacked?
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