The $800k salary for the CEO (former FD) is a kick in the teeth for shareholders. For example, Boart Longyear, a much bigger global business with $750m sales, has just upgraded it's FD to CEO on a package of $600k.
Hills admit its high - the best they can say is that it's lower than the previous Telstra big shot. Great !!
Not a good look for a company trying to cut its cloth.
Ann: Hills FY16 Half Year Results, page-31
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