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Range Resources – can anyone explain director pay to me?

Tom Winnifrith
Saturday 30 November 2013

Range Resources (RRL) shareholders have just voted through the annual report giving their approval on executive pay. Hmmmmm.

Starting at the bottom, I note that non exec Marcus Edwards-Jones (bet he did not grow up on a council estate in Rotherham) picked up A$100,000 last year. That is more than three times the AIM average. Would Mr. Edwards-Jones care to explain why he is such a valuable commodity in relation to net operational cashburn and a plunging share price?

But compared to CEO Pete Landau, old Marcus is a pauper. 

on Shareprophets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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