Smoke and Mirror Act - read the fine print
Aagh my beloved ANZ, I do miss her. A wonderful career with nothing but good memories. However, don’t be fooled - a paycut of $250k when your salary is $1.6m is a mild haircut. Godfrey used to bellow on about how he was a low paid CEO at Virgin Blue. What they don’t tell you is that he still gets share options (even if they drop in value, they are still free for him!), he gets a sign-on bonus, retention bonus, performance bonus and then a bonus based on profit/revenue. DO NOT BE FOOLED. This CEO is still earning millions!!!!