IMU 0.00% 5.5¢ imugene limited

Ann: Annual Report to shareholders, page-30

  1. 153 Posts.
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    Anyone else think Monil Shah renumeration is a bit rich..?

    He gets $190K bonus for signing a pre clinical partnership for OnCARlytic's. That was it to meet his KPI.
    Current T cell therapy can only go after blood cancers. I cant see the difficultly or "work" required to get a partner for mouse models on solid tumours. And correct me if I am wrong, but aren't we covering our own costs in this partnership?

    Given his $595K static salary. In my opinion if he hasn't generated any revenue for the company he should not be inline to receive a bonus.

    He's also paid in a fixed USD amount. If the Ozzie tumbles he'll end up getting more then Leslie at this rate.

    Hate to think what his bonus would be if he actually signs a commercial deal.


    https://hotcopper.com.au/data/attachments/5618/5618514-e255bd549b80dd6d4334f2d3b36f98a4.jpg
    https://hotcopper.com.au/data/attachments/5618/5618517-d45947bf45afe285997e3d2e01d746ed.jpg

 
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