Well this issue of shares to Peter Pawlowitsch has to be approved at the shareholders meeting in June to become real, and I for one will not be approving it without amendment to include some KPI targets for him. Nowhere in the real world do you get a half million dollar bonus of shares for acting in a CEO role for 6 months, without having actually achieved something beneficial to the company. There MUST be some performance measures put around this issue or the shareholders are being royally screwed again. I suggest we all vote it down en-masse and see what alternative remuneration package they propose.
If he leaves, well so be it - we should replace him with someone that has less odious connection to the disgraced McGovern and whose remuneration is linked directly to company performance.
DUB Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
