QBE 0.95% $16.93 qbe insurance group limited

If the board had any integrity it would resign but given they...

  1. 169 Posts.
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    If the board had any integrity it would resign but given they don't and just collect their board fees, here is what they get paid from the 2012 AR to oversee the massive destruction in shareholder value they have overseen.
    Now do you think they will be taking a pay cut?
    One thing is for sure the rem report and directors facing re-election all need to be voted down.

    Fee framework
    2012 2011
    US$000 US$000

    Chairman base fee 667 647
    Non-executive director base fee 209 203
    Committee chairman base fee 50 49
    Committee membership fee 27 27
 
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