SharesForBrekky
Regular
Everyone has their own opinion on this and that's cool. I still stand by what I've said. Hey, maybe I'm a glass half full type of person, haha.It's just his salary package for his 1st 3 year contract. $450k cash plus 2m shares per year. I'm not sure if he has any performance bonuses on top of that.
I have full confidence in whatever decisions Brainchip are making. This is no different.
The Brainchip management team are no slouches. They're not going to give away 2 million shares away that easily.
If they at all noticed any signs of their CEO under-performing or even doing any dodgy stuff, I'm sure the company would have thought twice before making this decision. They could also have possibly made the move in firing him before his one year was up.
If Brainchip believe Sean is doing a good job and their agreement still stands, then I'm with them here and happy as well