I am pretty sure they are not drawing the salaries they were drawing previously however I cannot speak for the future.
I my view they need to be on a modest base with performance bonuses.
As far as I am concerned Trubott abused hios position sucking out vast amounts of funds while the company slowly went down.
We cant expect them to work for free but I am sure given the market cap of the company a modest wage is acceptable with performance rights or similar.
I always remember a couple of years ago when he referred to APG as "my company".
With such little invested he owns very little na dmust remember he is employed by us.
many will be watching closely at the level of remuneration of management particularly looking at the Annual report .
The board needs to have a remuneration committee however the problem is that everyone there is appointed by Turbott leaving little chance to transparency.
APG Price at posting:
0.4¢ Sentiment: None Disclosure: Held
