Premier gives McInnes a million reasons to stay around

Original article by Sue Mitchell
The Australian Financial Review – Page: 17 : 28-Apr-16

Premier Investments has extended the contract of its retail CEO Mark McInnes for another few years, with new incentives added to it. His base remuneration has been increased from $A2 million to $A2.5 million. He is now allowed to sell 800,000 shares, worth $A12.5 million. McInnes’ new remuneration package is yet to be approved by shareholders. Some of them think the package is too generous.

CORPORATES
PREMIER INVESTMENTS LIMITED – ASX PMV, JUST JEANS PTY LTD, PETER ALEXANDER, SMIGGLE PTY LTD, DOTTI, PORTMANS PTY LTD, DAVID JONES LIMITED

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