REF reverse corp limited

Ann: App 4E / Full Year Statutory Accounts , page-2

  1. 6 Posts.
    The CEO received a $100k bonus for reaching KPIs - some milestone in the Vodaphone contract. What were the milestones? and shouldn't they wait to see if the contract brings profitability before paying out an additonal $100k. What is he paid his base salary for? Wouldn't negoitiating contracts be part of his job?

    I am all for incentives but I think given the performance of the company this is a bit rich.

    The company would have at least been profitable if he hadn't put his hand out for more money!

 
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