BS12 Apr 2024 11:28
The terms of reference of the Remuneration Committee are to:
recommend to the Board a framework for rewarding senior management, including Executive Directors, bearing in mind the need to attract and retain individuals of the highest calibre and with the appropriate experience to make a significant contribution to the Group; and
ensure that the elements of the remuneration package are competitive and help in underpinning the performance-driven culture of the Group.
This is off their website. Have you ever read such self serving anodyne rubbish. The so called committee are
directors, awarding themselves massive salaries, share options etc for what? 1.5 million oz and a 2,5 p share price!
I love the bit about performance driven culture, straight out of 'Management Speak for Dummies'
You really couldn't make this up