Interim CEO – Material terms of employment
NZX Code: ATM
ASX Code: A2M
The a2 Milk Company Limited
www.thea2milkcompany.com
9 December 2019
NZX/ASX Market Release
Interim CEO – Material terms of employment
Further to the announcement advising that former Managing Director Geoffrey Babidge has agreed to assume the
position of Interim CEO, the material terms of Geoffrey’s employment are as follows:
Key Terms Details
Commencement Date 9 December 2019
Term No fixed term. Ongoing until terminated by either Geoffrey or a2MC
Total Fixed Remuneration
AUD 1,600,000 per annum, including superannuation (being equivalent to the
outgoing CEO)
Short Term Incentive (STI)
A bonus in the amount of between 20% and 40% of Total Fixed Remuneration,
payable entirely at the discretion of the Board at the end of Geoffrey’s tenure as
Interim CEO
The a2 Milk Company Limited
David Hearn
Chairman
+61 2 9697 7000
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