cotee vs ellice-flint :apples vs oranges?

As Blue energy as getting a new leader so is Austin exploration (AKK) I've been waiting to see what the compensation would be of Austin's new leader before I started this thread I now have that information so here goes.

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People:

Richard Cottee formerly : QGC (CSG gas)
Richard was most recently at Nexus, and had problems there, so I would think that counts for something negative. (see:
http://www.smh.com.au/business/cottee-still-baffled-by-his-swift-exit-from-nexus-20111020-1macy.html )

Ellice-Flint -formerly STO (CSG gas)

Ellice-Flint may have been forced out of STO.

"ELEANOR HALL: Santos is looking for a new boss tonight after the shock departure of its chief executive John Ellis Flint but his abrupt exit has led to speculation that the CEO didn't walk but was pushed.
GREG HOFFMAN: It's fair to describe his tenure as being somewhat less than our high expectations, production has basically been flat over the period it's been up a little bit and the share price appreciation that we've seen under Ellis Flint's tenure has really been driven by a higher oil price rather than any particular operational excellence."

http://www.abc.net.au/lateline/business/items/200803/s2199413.htm

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% gain during tenures:
Flint:
KEITH THOMPSON: In 2000 the stock was $4 it's gone up to $13. He didn't find the big one in the oil side but certainly changed the sentiment and the way the stock was perceived so really took it from a stock that was sort of a little bit struggling to a bit of a power house within the Australian stock market.
http://www.abc.net.au/lateline/business/items/200803/s2199413.htm

STO at start(Flint tenure): In 2000 $4
STO at end(Flint tenure) $13

gain=225%

Cottee:
His involvement at Queensland Gas Company ("QGC") included the position of Managing Director from 2002 until 2008 when the company was taken over by the BG Group. Over this period QGC grew from a market capitalization of around A$20 million to an ASX100 company with a market capitalization of A$5.7 billion

http://www.wnd.com/markets/news/read/20454727/richard_cottee_joins_austin_exploration_
QGC at start $20 million
QGC at end $5.7 Billion
gain=28400%
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Compensation:
Blu current: $67 million MC
The group's annual general meeting on April 5 looks set to be a rowdy one, with shareholders set to vote on the proposed issuing of a swag of shares and options to the former Santos chief on top of his $200,000-a-year salary.
Blue Energy plans to issue Ellice-Flint with 41.2 million shares (worth $3.3 million on the current share price), which will be in escrow until he completes one year at the company, which has a market value of only $58 million.

On top of this, it is proposed Ellice-Flint will be awarded three tranches of options - 82.47 million in all - that are exerciseable at 6.25¢ each (under the company's present 8¢ a share).

The options will vest according to the various hurdles, the last being Blue Energy achieving a $300 million market capitalisation within three years. But they will still vest if Blue Energy achieves a $150 million market value within three years and then a $300 million value within five years.

That means, if all goes well, Ellice-Flint (after a separate 6.25¢-a-share raising being undertaken by the company) could potentially end up with a 12.5 per cent stake.

And, if the market capitalisation does hit the targeted $300 million, the ex-Santos boss could end up with shares worth more than $37 million.
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1694610&msgno=7871065#7871065
Potential ownership Flint:12.5%


AKK current:$ 30 million
Subject to a shareholder vote, Austin will issue 5 million shares to Cottee worth $150,000 as an incentive and issue a further 15 million options, exercisable at 5.5¢ that will expire in July next year. That means Austin shares will have to double from the price they were at when Cottee's appointment was announced in January.
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1707231&msgno=7932728#7932728


Total 5 million shares + 15 million options
http://hotcopper.com.au/announcements.asp?id=410506
(currently 637 million shares, I think it will double after raising)
Total shares after dilution:
% ownership Cottee: under 2% after cap raising


Note: I hold shares in both, just wonder, if Blue is giving away too much for new leader , compared to Austin