News
ASX Announcement / Media Release
30 December 2011
PORT BOUVARD LIMITED EXTENDS CEO EMPLOYMENT CONTRACT
Western Australian property developer Port Bouvard Limited (ASX: PBD) is pleased to advised that it has agreed to extend the employment contract with Chief executive Officer, John Wroth, for a further period of 12 months, to 31 December 2012, at an annual salary of $422,000 including superannuation. His package includes a short-term incentive of $20,000 conditional upon achievement of certain key performance indicators.
Mr Wroth's employment under an executive services agreement dated 18 May 2010 (ESA) was due to expire on 1 January 2012.
For further information please contact:
Stephen Court
Executive Director
Port Bouvard Limited
T: +61 (0)8 6436 2200
Lee Verios
Chairman
Port Bouvard Limited
T: +61 (0)8 6436 2200
David Tasker / Felicity Nuttall
Professional Public Relations
T: +61 (0)8 9388 0944
M: +61 (0)433 112 936
E: david.tasker@ppr.com.au
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