| Re: Geoff Dixon is really a nice guy |
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Group: aus.aviation · Group Profile
Author: Stephen JamesStephen James Date: Dec 26, 2006 16:43
On Wed, 27 Dec 2006 09:51:50 +1000, "Tim Green" hotmail.com>
wrote:
>Geoff Dixon is really a nice guy with such a big heart.
>He has promised to give his $60 million bribe offered by Macbank to charity,
>but that is a charity he will setup after he retires from Mcroo Airlines in
>3 years time, yes not give to them straightaway no, in 3 years time.
Hi Tim,
Would you please refer me/us to you information source?
As I read it,
Geoff Dixon does not get the money now. If the airline meets stated
performance objectives then he receives the money from the Long Term
Incentive Scheme. So, he does not have the money to invest nor gain
taxable interest from
"Depending on whether the airline meets its performance hurdles this
could deliver Mr Dixon up to $60 million as part of the Long-Term
Incentive Scheme (LTIS), but all proceeds will go to charity he says."
The Age, 14/12/2006
"If Qantas achieves a 15 per cent annual return over five years he
will make $30 million in LTIS alone."
"If the business grows by 25 per cent a year over five years his LTIS
will pay out more than $60 million."
The Daily Telegraph 15/12/2006
On top of that would be an incentive package worth $30 million if
Qantas achieves five years of 15 per cent annual return, and $60
million for a 25 per cent return.
Adelaide Now 15/12/2006
>Now lets see $60 million invested over 3 years................... holyshit
>thats a lot of interest.
Not 3 years. Maybe 5 years, if the targets are met.
>He really has such a big heart doesn't he ?
Yes I think he does.
What percentage of your gross income goes to charity Tim?
Regards
Stephen
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