Mr Foley holds a Bachelor of Jurisprudence and Bachelor of Laws from the University of Western Australia and a Graduate Diploma in Applied Corporate Governance. He has over 20 years experience in the resources sector in private practice and various corporate roles.
The excuse of an oversight would indicate that Mr Foley should brush up on his Corporate Governance qualifications.
Remuneration - 2011
Cash and Fringe Benefits - $373,535 (an increase of $25,399 or 7.3% on last year) Option value - $224,736 (issued 140,000 options with an exercise price of - you guessed it - nil expiry 24 Dec 13) or a value of $33,600 at todays price.
No performance hurdles so no incentive to make sure that he does his job right.
I wish I could score a job like that one on that sort of pay.
MMX Price at posting:
24.0¢ Sentiment: Sell Disclosure: Held
