CEO and MD to continue in job he started eight years ago
Lindsay Australia had detailed the deal that will keep CEO and MD Kim Lindsay in his job.
No time span is involved in his continuing in the roles after he took them up in August 2009.
“Kim continues to provide energetic and dynamic leadership to the company through an extended period of success,” chairman John Pressler says, adding that the man who began at the company in January 1996 “is an important part of Lindsay’s future growth and strategy implementation”.
Kim Lindsay’s fixed salary is $753,898, with superannuation of $35,000 and vehicle allowance of $20,000.
He is eligible for short-term incentive payments of up to 60 per cent of fixed remuneration and also within the company’s and long-term incentives plan as determined by the board.