http://www.couriermail.com.au/business/city-beat-gr8-career-move/...

http://www.couriermail.com.au/business/city-beat-gr8-career-move/story-fnfli675-1226482906673

Source: Courier Mail

KARENLEE Lacey is looking forward to soon spending some quality time in the nursery, bonding with young people - babies, toddlers, bring it on.

Lacey, the former CEO of Queensland's Royal Children's Hospital Foundation, has just been named the new CEO of Jenny Hutson's listed G8 Education group.

Now, Lacey has come up through the fundraising ranks rather than the traditional corporate model of directors and your diarist reckons that is a very good thing.

She has been fundraising for the Royal Children's Hospital for years and prior to that fundraising for the RSPCA and prior to that involved with the MS Society of Queensland.

Remuneration? Well, could be lotsa. She has been issued 400,000 options exercisable at $1.27. Of that, 200,000 options are exercisable within 18 months of her taking the job and the balance between 12 and 36 months.

She is almost in the money already although it is a bit early to be buying the beachhouse or new Mercedes. The G8 share price yesterday closed down 5.5 cents at $1.27.

NEW HORIZONS

SPEAKING of Jenny Hutson's new plaything, it's funny what happens in a mere 24 hours.

City Beat on Wednesday asked G8 about rumours that its chief financial officer, Damien Peters, was resigning.

No idea what you're talking about, came the response.

Imagine our surprise yesterday when Peters announced he was resigning suddenly "to pursue other interests". Of course he is.