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News: TWD Tamawood Says Chairman To Take A 15% Cut In Directors Fees For 6-Months

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    15/04/20
    16:20
    Post #: 44059453

    April 15 (Reuters) - Tamawood Ltd (TWD) :

    • CHAIRMAN TAKING A 15% REDUCTION IN DIRECTORS FEES FOR NEXT SIX MONTHS
    • MANAGING DIRECTOR, TIM BARTHOLOMAEUS WILL FORGO BONUSES UP TO $70,000 FOR FY21 AND HIS BASE WAGE WILL REMAIN UNCHANGED FOR FY21
    • REDUCTIONS IN STAFF HOURS ACROSS ALL DEPARTMENTS HAS COMMENCED
    • COMPANY SECRETARY, GEOFF ACTON, WILL TAKE A 15% REDUCTION IN FEES FOR NEXT SIX MONTHS
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