Officer of Lamprell, he was a Director and the Chief Executive Officer of Jura Energy Corporation, a company listed on the Toronto Stock Exchange, and is now the Chairman and a member of the Compensation Committee of that company. He is also a Director of Nemmoco Petroleum Limited, a private exploration and production company.
The table below shows the base salaries for the CEO in 2011 including the compensation.
Table 1: Total Salary of Pamprell's CEO
It can be seen that the base salary for Nigel McCue is about $800,000 with a bonus equal to 70 percents of salary and adding other benefits, the total compensation is $1.5 million. According to the annual report 2011, Nigel McCue holds 1,300,000 the ordinary share and which represent 0.325 percent issued share capital in the Company. Executive Directors will not receive regular grants of options under the Executive Share Option Plan or receive regular awards under the Retention Share Plan
According to the annual report 2010, the board of directors includes 7 members which are shown below in the table:
It can be seen that Jonathan Silver is the Chairman of Lamprell PLC from 2009 at the age of 58. He joined the Board on 24th August 2007 and before that, Jonathan trained with a leading City of London law firm and qualified as a solicitor in 1978, working first in London and later in the United Arab Emirates. Also there are three executive directors with Christopher Hand is the youngest. Christopher is the Chief Operating Officer and his responsibility is to take care of all operational activities undertaken by the Group, including projects, production, engineering and quality assurance. Scott Doak is Chief Financial Officer from 2007. He is responsible for the finance and administration activities of Lamprell. Prior to joining Lamprell, he worked for Reuters Limited, based in Dubai, in the position of Head of Finance for Middle East & Africa, where he was a member of the Se...