CVI 0.00% 0.3¢ cvi energy corporation limited

1BacchusI'm not sure what may lead you to believe that Ian Egan...

  1. 9,445 Posts.
    1Bacchus
    I'm not sure what may lead you to believe that Ian Egan is excluded.

    Item number 4 on the Agenda asks for an increase in directors fees from $90,000 per year to $240,000 per year.
    A 260% pay increase based on the current number of directors (although, later in the report it request an increase from $150k to $240k.)

    The $240k is a pooled amount so the board will determine who gets what. Egan's remuneration will come from that $240k.

    Fees for any extra directors will also come from this $240k amount.

    The vast majority of MS's remuneration is not included. The way I understand it he gets an additional $380,000 on top of this.
 
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