Hi R08, one thing you can be sure of, it will be about money.
We could guess at the reasons, there are so many possibilities we could go on for ever.
However, as the CEO he was originally employed as a consultant, with sign on bonuses??
16 May 2013 Market Update on Chief Executive Officer Appointment
Australian Natural Proteins Ltd (AYB) is pleased to advise that Mr William (Tim) Clarke is to become Chief Executive Officer of AYB, subject to shareholder approval at the upcoming Extraordinary General Meeting of his “sign on” and “bonus/performance” arrangements. In the interim Mr Clarke has been engaged as a Consultant to the Company.
PDF Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held