Yeah, this is a terrible look, maybe she saw the Morningstar recommendation?
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Yeah, this is a terrible look, maybe she saw the Morningstar recommendation?
A lot of pretty shameful sexist ranting by posters re the CEO's share sale yesterday.......Why don't we accept what the company says??? i.e.;
1) On market sale of 178,616 Ordinary Shares using broker facilities; (2) On market sale of 178,616 Ordinary Shares using broker facilities.
The above mentioned Ordinary Shares were received by Ms Hrdlicka on the automatic exercise of time-based rights in the Company (such time-based rights having been granted to Ms Hrdlicka as a one-off transition benefit compensating her for the forfeiture of incentive entitlements from her former employer as a result of her resignation to take up employment with the Company).
The sale of the above mentioned Ordinary Shares has been made by Ms Hrdlicka in order to: (i) fund the tax obligations relating to the recent automatic exercise of time- based rights; and (ii) fund commitments made by Ms Hrdlicka prior to her taking up employment with the Company.
Ms Hrdlicka retains a relevant interest in Time-Based Rights and Performance Rights (as noted below).
Maybe this is the price we have to pay to get a good CEO, and just maybe, the fact that she now only has 'time-based' performance based shares to her name gives her greater incentive to perform in the future.
Time will tell.
Of course..... that's my job.
Perhaps you have another explanation for this post by a certain well respected dog???
"I wasn't happy with her package right from the get go but this is morally reprehensible so soon after being appointed. But no worries, every PC man and his dog tells us that diversity in leadership is a wonderful thing, juts look what a "fantastic" job Jacinda is doing as a perfect example lol"
Yep a pretty mild and muted response on here so far, have a read over on hotcopper if you really want to see a lymch mob in action. I find her actions extremely distasteful for a person who has been on a huge multi million dollar salary for umpteen years, Im sure she had access to the loose change to meet her tax obligations without selling ALL her A2 shares after just 2 months in the job.
Love HC .....one poster bloodbath on Monday
I think you might have got a little OTT with that opinion but that slightly naughty dog...sometimes when he's had a busy day and hasn't got much time he sees someone throw a stick and he can't help himself and runs over quickly and picks it up without knowing which end he's got a hold of. Sorry the dog isn't "purrfect" I saw Jayne in a CNBC interview the other day and she did a very good job of clearly articulating the company's position. She no doubt has faced considerable costs relocating to this side of the Tasman and its not cheap to look the part and own a decent home in a good suburb these days. Thank you for posting the details.
On the other hand you should have heard the CEO of OCA Earl Gasparich the other evening opining on how difficult it is for business to engage with Govt on critical issues affecting getting enough staff in the retirement industry. Basically they simply don't want to engage...maybe they need yet another review committee ?
Business is frustrated with this Government for a wide variety of reasons including ineffective and weak leadership.