Both John Geary and Denis MacInerney were mentioned in the WA Business News publication this week in regards to salary packages, in particular, very large ones.
John was mentioned as having received a total package in excess of $1.1M for his directorship at GPN. Denis was mentioned in a different table for Non-Executive CEO's, and also struck a deal in excess of $1 Million for his term at GPN.
There was no break down for the distribution of cash and shares. It didn't mention their terms at either YRR or AGU (albeit very breif).
What was interesting to me was the fact that this microcap company with barely a heartbeat somehow made it on to a list containing much larger companies, most of which actually producing or delivering something.
Both Denis and John each received nearly double that of Iain Scott from Windimurra for want a better example.
GPN Price at posting:
0.5¢ Sentiment: None Disclosure: Held
