ELDERS has announced Mark Allison will stay on as the managing director and chief executive officer of the company after announcing his plans to retire in November last year.
His total fixed remuneration will be lifted to $1.5m with a $500,000 cash bonus if remains employed by Elders on 1 June 2024 and another $500,000 cash bonus if he remains employed by Elders on 1 June 2025.
Shortly after making the ASX announcement about Mr Allison, Elders also announced the resignation of Matthew Quinn as a non-executive director. The company’s share price opened this morning at $6.72, about…
