The new CEO is fit and has a high energy level for many 16 hour days ahead, driving a team of specialists and determining in which direction to power ahead to make OIL finally the second "Cochlear"!
As shown he has extensive experience to motivate high caliber people, work with them and get things done also internationally!
He is not a "soft egg" and knows were to put the levers on!
The key terms of his employment sound very fair to me for him and also for the existing shareholders.
The stakes he has in this game are considerable or otherwise he does not get much out of it!
$136,000 per year is peanuts for a CEO normally!
I am in again for the next CR and throw in the kitchen sink as well, including "sinkorswims" warning never to average down! It will be my biggest averaging down ever!
It's not a matter of luck anymore it's the birth of the use of OIL's tech within the surgeries of the hospitals of the world for a fact! Amen!
Ann: CEO Appointment-OIL.AX, page-11
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