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From Otto Rock … friggin thieves IMO

Posted by ipso facto @ 9:18 on May 13, 2015  

My favourite bit of all the Allied Nevada (ex-ANV) (ANVGQ) filings today

This bit in the MIC, filed today, which discussed remuneration for the Named Executive Officers (NEOs):

In May 2015, an increase in the base salary (for inflation) was granted to certain NEOs. Mr. Wodzicki’s base salary was increased from $336,600 to $354,000, by approximately 5.1%, Mr. Carmichael’s base salary was increased from $234,600 to 242,000, by approximately 3.1%, and Mr. Beck’s base salary was increased from $180,000 to $186,000, by approximately 3.1%

To be clear:

•Wojtek Wodzicki is the President and CEO
•Robert Carmichael is the VP Exploration
•James Beck is the Director of Corporate Development
•And Allied Nevada is the company that filed for bankruptcy in March 2015

With that, Allied Nevada wins the 2015 Chutzpah of the Year Award. Breathtaking.

http://incakolanews.blogspot.com/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.