re: Ann: Remuneration of Chief Executive Offi... There is no way...

re: Ann: Remuneration of Chief Executive Offi... There is no way he is going to be working 7 hours a day 5 days a week.

I reckon on average over the last few years, the MD maybe put in two hours a day of work actual work. I mean nothing ever happens with the company apart from in the UK and the contractors over there do the work. The CEO of KEY just needs to turn up at meetings, and make a few strategic decisions along the way. Certainly responses to emails never took up any time either!

Dont forget that Suriname=out of our hands. Italy=out of our hands until permits issued. Tanzania=out of our hands. Australia=out of our hands. UK=run by contractors, CEO just needs to review data and decide route forward.

Maybe two days a week of work on average over the next year.
How could any CEO justify spending more time in the office considering nothing ever happens?

I doubt we will have to fork out more than 100k pa because KEY is only a part time job unless it is gets rorted or something BIG happens.