RE: Transforming nonsense24 Jul 2023 15:21
Further more
"ARG is the operating company with employees that conducts all licensing business directly or through
its 100+ subsidiaries. ACTG has no employees and is a public vehicle for stock trading based on
ARG’s business and performance. The relationship appears similar between Nanoco Technologies
Ltd and Nanoco Group Plc (LSE:NANO). His initial titles as of 01/05 were EVP of ACTG and EVP of
ARG (then named Acacia Technologies Group, “ATG”). In two years, he became the highest paid
executive in ACTG and ARG combined ($1.9M vs. ACTG CEO’s $788K) and remained so for most of
his tenure (increasing to $3.76M). From 2010 to 2012, he served as the CEO of ARG. Whilst he was
not a board member of ACTG, he was a board member of ARG and most of its 100+ subsidiaries."
Sounds like he'll want a few quid in his pay packet