ASALEO CARE LIMITED ASX Release
22nd May 2018
Asaleo Care Interim Chief Executive Officer Employment Terms
As previously announced Mr. Sid Takla will commence in the position of Interim Chief Executive Officer of Asaleo Care Ltd on 22 May 2018.
A summary of Mr. Takla's remuneration arrangements, as Interim CEO, are set out in the table below.
Term/Condition of Employment | Arrangements |
Effective date | 22 May 2018 |
Term | Ongoing until a permanent CEO and Managing Director commences in the position |
Total Fixed Remuneration (TFR) | $750,000 per annum, including superannuation |
Executive Incentive Plan (EIP) | 100% of TFR if target performance is achieved 150% of TFR if maximum performance is achieved |
Performance Measures and weightings | Net Profit After Tax 40% Operational Key Performance Indicators 30% Net Sales Value 20% Safety 10% |
Other arrangements as set out in the Remuneration Report continue to apply.
INVESTORS: | MEDIA: |
Lyndal York, Chief Financial Officer | Sandi Harwood, Corporate Communications Manager |
P: +61 3 9258 0715 | M: +61 411 027 006 |
E:lyndal.york@asaleocare.com | P: +61 3 9258 0634 |
E:sandi.harwood@asaleocare.com |
For more information about Asaleo Care:www.asaleocare.com
Asaleo Care Limited
Ailsa Street, PO Box 117 Box Hill Victoria, 3128
ABN 61 154 461 300www.asaleocare.com
Page 1 of 1
Attachments
- Original document
- Permalink
Disclaimer
Asaleo Care Limited published this content on 22 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 May 2018 22:34:01 UTC
