Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Yamana Gold Inc. AUY


Primary Symbol: T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Post by gasman11on Jan 23, 2016 10:21am
198 Views
Post# 24486792

CEO received secret $2.7Bonus in 04 months before div cut!

CEO received secret $2.7Bonus in 04 months before div cut!I want a formal investigation of how the Compensation Committee gave CEO Marrone a secret $2.7bonus and 450,000 performance shares in the fist half of 2014 that was never revealed to shareholders till 2015 when irate shareholders votet against this insane pay and Marrone only gave back the 450,000 performance shares because they were now worthless since the stock price had cratered. Then only a few months later in the fall of 2014 Marrone announces that the dividend of 3.75cents a shares was being slashed to 1.5cents and never mentioned he had got a sweetheart $2.7 bonus only months before. Now the story gets even worse as Marrone continued to make multi millons and then announces in January 2016 that the already slashed dividend will be cut by two thirds to a pathetic half cent a quarter. To make this story even worse the stock price has cratered over the past 4 years to all time lows dropping from $20US in 2012 to $1.38US this month while Marrone was being paid like he was the CEO of a Canadian Chartered Bank!
Bullboard Posts