Business
Corporate Travel blames dividend drought for CEO’s $31.5m sale – The Australian Financial Review
The founder of the company has now offloaded almost $100 million shares, but points out he remains the biggest investor.
Mr Pherous earned $441,000 in base pay last financial year, when he also did not receive any short or long-term bonuses. Dividends have previously proved lucrative he earned $3.7 million from the 18¢ dividend paid out in 2019s first-half results.
He previously sold more than $70 million in Corporate Travel shares since 2013, according to accounts published since the company floated on the ASX in 2010.
Mr Pherous has been constructing a new home in Brisbanes New Farm, overlooking the river and initially…
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