too generous by far, page-15

Hey all,

I kind of find it funny how much he is getting paid .. so i rang the number on the Announcements to express my concern over it.

BBP UPDATE & KEY TERMS OF CEO’S EMPLOYMENT ARRANGEMENTS
Babcock & Brown Power (ASX:BBP) has implemented a key step to ensure the continuity of its business going forward.
BBP is now the direct employer of the key management personnel who have provided management services to BBP. Accordingly, all staff previously employed by Babcock & Brown have now transferred their employment to BBP. The costs of employing the management staff will be met by BBP.
In accordance with BBP’s obligations to disclose the key employment terms and conditions of the Chief Executive Officer and Managing Director, Mr Ross Rolfe, attached is a summary of those key terms and conditions which have now been concluded.
ENDS
Further Information:
Alison Carter
Investor Relations
Babcock & Brown Power
Ph + 61 2 9238 4478