Business Services Industry
Fairfax shareholders asked to approve new CEO performance bonus.
Australasian Business Intelligence, November, 2005
Nov 10, 2005 (Mediaweek - ABIX via COMTEX) -- Fairfax shareholders have been asked to approve a performance bonus scheme for new
CEO, David Kirk. The bonus includes a payment of up to 150 of his $1.2m base salary, one third of which will be paid to him as company shares. Fairfax said Kirk's bonus payment will depend on achieving crucial financial outcomes against year-on- year performance as well as staff development, readership and market share, growth and circulation. Formerly the CEO of printer PMP and New ...
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