Thanks AlCp. I don't doubt the logic of what you are saying, but it requires a lot of work (and personal sacrifice) to get all that done, hence I'm looking for the specifics as to what Peter will get in return for all that personal sacrifice.
Do you (or anyone know) what the monetary incentives are for Peter George to perform? Does he own shares (I can't recall seeing a directors interest notice), does he have significant performance rights, or is it just his salary? How do we know he's not going to jump ship and get a cushy job with the banks when it all gets too hard?
I sound cynical, but I think management incentivisation is really important and can be the difference between a CEO sticking with it or jumping ship to greener pastures once the going gets tough. So my question remains, how is Peter Gorge getting rich (or richer) out of this turnaround?
RFG Price at posting:
13.5¢ Sentiment: None Disclosure: Held
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