Looking at Mr.D. Pursell's remuneration details for the past three financial years as stated in the JRV annual reports resulted in the following:
Salary, Fees & Comm. Y/e 30/6/06 $100,000
Super Contribution Y/e 30/6/06 Nil
Salary, Fees & Comm. Y/e 30/6/07 $120,000
Super Contribution Y/e 30/6/07 Nil
Salary, Fees & Comm. Y/e 30/6/08 $120,000
Super Contribution Y/e 30/6/08 $100,000
The normal super contibution is 9.0% of salary, with the amount being $13,500. Then, why did he receive an amount of $100,000 which represent 66.66% of his salary!
Also, the new appointed director being Mr.Derek Foster was paid $90,000 under the heading "Specified Executives Y/e 30/6/06"!
Looking at Mr.D. Pursell's remuneration details for the past...
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