STX strike energy limited

Ann: CEO Transition and Strategic Review, page-54

  1. 5,647 Posts.
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    Its clear he has been kicked out as the terms of employment are 3 months notice from the MD or 1 months notice from the company. Its exactly 1 month that he leaves so its a much nicer framed announcement to the market that says he has resigned and been given 2 months "gardening leave" as payment rather than the board has decided to sack the MD
 
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