Business
Cleanaway CEO loses $2.3m grant, bonus cut linked to behaviour issues – The Australian Financial Review
Vik Bansal stands to lose a further $2.3 million as Cleanaway withdraws the granting of performance rights following revelations of a bullying probe.
Cleanaway’s full-year financial accounts, released late last month, showed Mr Bansal had “offered to forgo” his short-term incentive bonus “due to COVID-19-related challenges faced by the group” and that the board had “agreed to reduce” his short-term bonus by 25 per cent.
On Thursday, however, the company broadened out its explanation for the bonus cut. “The reduction was due to COVID-19 related challenges faced by Cleanaway including the financial impacts of COVID-19, the operational challeng…
-
General12 hours agoBritish and US planes fly 12-hour mission to patrol Russian border
-
Noosa News16 hours agoWarm weather could make way for rain with ‘damaging winds, large hail’
-
General15 hours agoYoung boy flown to Brisbane hospital after K’gari dingo attack
-
Noosa News22 hours agoBrisbane muralist explains why he ended his plan to eat one chicken a day for a year