‘Tis The Season

6 Nov

You just have to love annual report time.  Amazingly the Southland Times haven’t put Max Skerrett’s letter online so here it is along with Dean Johnston’s response.  So this company has achieved no objectives but we pay them $100k and will give them a bonus when they finally achieve something.  And to make matters worse we give away half of it to directors in fees.  The company only pays $5k for staff so we have four directors for a part time staffer?  That staffer looks to be Dean Johnston from ICC too.  And Invercargill City Forestry has the same staff figure.  Does Johnston get another $5k there?  Isn’t he CEO of Holdco, the parent?

Have another place to be.  Need to come back to this.

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