She'll have the advantage of an insider's knowledge on timing that sell off. Maybe she could let us know before hand
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NBR article referred to a very consistent pattern of behavior. She clearly feels that the issue of shares is part of her remuneration package and she has no qualms whatsoever about cashing shares in whenever it suits her and as mentioned that's always been very shortly after the shares vest. I think its clear she feels no natural affinity whatsoever with the shareholders she represents. Some would call her a cold and calculating.... JetStar is a really crappy brand as far as I am concerned. Have I mentioned before how much I miss Goeff Babbage already ?
What’s wrong with doing that. It’s her pay and nothing to do with anybody else.
probably asked for her pay in cash but no the Board said you need to take shares/rights
Nothing to do with commitment / affinity to the company
Maybe it’s the size of remuneration packages at A2 that are the real issue?
Nothing to do with commitment or affinity to the company
Thinking about our new CEO makes me feel like I've just swallowed a mouthful of petrol whilst syphoning a petrol tank.
Some of the exit packages these so called magnificent executives get always amazes me but now a there appears to be huge entrance packages.
Anyone going to the AGM? I hope it is broadcast to us suckers.
Whats wrong with it is exactly what is happening here..this is amateur hour by the executive, the board, the remuneration committee..just does not happen at a any serious public listed company in the US or Europe. When I held roles most cash outs was expected after leaving although i do note base incomes were higher as an executive in the US than here.
According to the Market Announcement the other day
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The 2018 Meeting will be a hybrid meeting. A hybrid meeting means that in addition to holding a physical meeting of shareholders, a meeting will also be held virtually. ATM wishes to hold the physical aspect of the 2018 Meeting in Melbourne, Australia.
Couple of things mate. Yes I very much preferred Geoff Babbage's remuneration package. Secondly I prefer to invest in companies where the board and senior management show a commitment to the company by holding shares not because they have some legal or moral obligation to do so, but because they believe in the companies long term prospects and believe in their own work such that they think its in their best interests to be a long term holder.
I wish the NBR had told "us" about that when she was appointed.
Maybe I'm not smart enough to suss this out myself, but a more enlightened, seasoned investor would have prior knowledge into her behavioural patterns.
How many troughs and makeup does she need?
And guess what folks, here is the biggy....... when she leaves in 2 years, her new/next company will pay for her rights/performances options that she could have picked up from A2. The next bunch of shareholders are already been F*#@*% over!
I haven’t looked at Sharetrader for a few days so I was surprised to see 12 pages of new comments, many revealing an unconscious bias. The bias is that women are judged more harshly than men when they make a mistake in the business world. With women the mistake is often used as evidence that women are incompetent, whereas with men the same mistake is brushed off or ignored.
Double standards for men and women apply in the business world as well as for sexual behaviour. Unconscious bias is pervasive and often subtle. Rarely is it recognised as being sexist.
https://www.vox.com/science-and-heal...ender-wage-gap
“Women surgeons are punished more than men for the exact same mistakes, study finds
Sarsons got Medicare data on referrals by doctors to surgeons, and then looked at what happened to doctors’ referral rates after one of their patients died during a surgery. Would the doctor continue sending patients to that surgeon?
It turns out the surgeon’s gender — more than his or her performance — massively swayed that decision. The referring doctors judged female surgeons who had bad patient outcomes much more harshly than male surgeons, and that judgment determined whether they’d send their patients to the surgeon later.”