Ian Ball.
Ian Ball, the new CEO of Energo Group, started this month with base pay of $850,000 a year including superannuation.
A notification to the ASX today also clarified long-term incentives.
Ball is eligible for performance eights with a three-year measurement period. These may be granted at up to 70% of fixed remuneration at target, and up to 140% at stretch, subject to performance conditions and board approval.
He was this month promoted to CEO following his appointment as chief operating officer earlier this year.
Ball has repositioned the group to focus on core agencies Hotwire Global, Orchard and BMF.
Enero in April issued a profit warning. The company then said it expected full year revenue to June to be down 10% to 12%, with net revenue between $167 million and $170 million.
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