MPG - Metro Glass

[winner69]

As I peruse the Annual Report I am struck by the photo on page 18. How do you have an executive team of 10 in an organisation of this size? To me an Exec team is the CEO, COO, CFO, Head of Sales & Marketing and maybe a Legal/Product guru (i.e. the person who has been there 60 years).

Assuming these 10 are also the highest paid the wage Exec wage bill comes to about $3.8m and that includes the CEO who doesn't seem to be reasonably paid

There's 20 employees earning more than $200,000 which seems an awful high number for company with sales of just over $200m

From the table in the AR you wonder if every man and his dog (except maybe the tea lady) is on at least $100,000

No worries - no doubt they all do a good job and deserve every cent of their rem