VFX 0.00% 0.5¢ visionflex group limited

Ann: Quarterly Update, page-17

  1. 5,017 Posts.
    lightbulb Created with Sketch. 166
    How do you mean big bad expensive board gone?

    The FY20 board remuneration (including the CEO) was $ $410k per year.

    The new board, are paying themselves $570k per year. Whilst they are 'reducing' their pay, by taking 2.2c strike options for some, even after that, the total cash remuneration is STILL $410k per year - the same as the previous board.

    Actually, board costs have increased!


    FY20 Annual report, total cash cost $410k 1st FY20.png New board announcement. $410k salary (when taking part options) $570k on a normal non 'reduced' rate.
    fy23.png
 
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