.. “Mr Jay Hughes and Mr Richard Simpson have resigned from this subsidiary Euroz Hartleys board and will continue in their roles on the Euroz Limited main board.
The Euroz Limited main board and the Westoz Funds Management board remain unchanged.”..
There is a The West story below taking a look at some of those people (from August 31, 2021).
If anyone could add more information I would appreciate it
Euroz executive chairman Andrew McKenzie Credit: Ross Swanborough/The West Australian
Corporate finance veteran and former Hartleys boss Richard Simpson has had a bumper debut year with the Euroz group, enjoying pay and bonuses totalling almost $3 million.
Eclipsing even Euroz executive chairman Andrew McKenzie, Mr Black’s $2.95m package was dominated by performance bonuses after a bumper year where Euroz nailed the friendly takeover of the privately-held rival Hartleys.
The Euroz annual profit report filed with **promotion blocked** today reveals Mr Simpson enjoyed $2.7m of profit share, bonuses and commissions on top of his $185,236 base salary and $75,314 of other items.
The remuneration report reveals Mr McKenzie was the next best paid behind Mr Simpson. He enjoyed a package totalling $1.31m in 2020-21 as his $250,587 base salary was boosted by $162,500 of performance rights and $842,796 in profit share, bonuses and commissions.
It was a similar base and performance mix for Euroz veterans Jay Hughes and Rob Black, whose packages both came in around $1.29m.
Former Hartleys chairman and popular broker Ian Parker had a base salary of $50,000 in 2020-21 but his lot was boosted by almost $1.1m of profit shares, bonuses and commissions.
Stock exchange-listed Euroz bought Hartleys in October last year in a $33m-plus scrip deal and began integrating the licensed two broking operations.
Euroz enjoyed a surge in net profit $52.52m from $4.35m, with revenue more than doubling to $131m as brokerage and capital raising income grew in strong markets.
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