Decision details

Ubico- written shareholder resolution-Executive Salaries

Decision Maker: Leader

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

The Leader, as the shareholder representative of Ubico Limited, made a decision relating to the salaries of the Executive Directors of Ubico Limited.

 

Reasons for the decision:

The Ubico Board of Directors considered a report on 9 January 2019 regarding Executive Directors salaries containing recommendations to retain experienced senior staff within the Company to ensure its future success, following a review by an external consultant. 

 

The future success of Ubico as a company, retaining experienced senior staff, is expected to provide a financial return to the Council.

Contact: Karen Watson, Environmental Partnerships Manager Email: [email protected] Email: [email protected].

Publication date: 10/05/2019

Date of decision: 10/05/2019

Effective from: 18/05/2019

Accompanying Documents: