Referring to ProPunter23Red post #: 9106376
"
with Matthew Chun still on 500k+ annually this is no surprise, he rode this company into the ground from asx200 to ZERO. Amazing the board did not get rid of him earlier
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Unfortunately (until recently) Chun was a protected species : -
"
Becton's arrangements with BOS International, these days a subsidiary of Lloyds International, include a condition that Becton's current management stay in place. That deal is believed to include chairman Bill Conn, and chief executive Matthew Chun.
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See article of 02.06.12 : -
http://www.smh.com.au/business/property/developer-struggles-to-refinance-20120601-1znay.html
Interesting comment also from Darren Olney-Fraser in this article of 07.01.13 : -
http://www.theage.com.au/business/warning-on-becton-projects-20130106-2cb2e.html
"Mr Chun's $1 million salary is about one-third of the company's market capitalisation, and I can't understand how the board can justify that."
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