Still higher than I'd like, but if you cut too much he just goes elsewhere. Yes, even with his track record. Remember, we're competing with US salaries, not Australian ones.
Better off taking the ~$150k hit keeping him for an extra year given he has clear directives. No big capex spend, preserve cash, sell Zoleo and return $$ to shareholders. Once it's all done, you can find a new CEO if you like and save the extra.
Lowest risk approach given the circumstances.
Ann: New Employment Contract for Beam's MD in Cost Cutting Drive, page-3
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $11.66M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $5.377K | 41.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 17647 | 1 |
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