IKN

Every why hath a wherefore

Skin in the game, Yamana Gold (AUY) (YRI.to) edition

You would have thought that a guy like Peter Marrone who gets this kind of cash salary per year…
…would buy a few shares of his own company. Sadly not, as even though there’s $37.78m in cash staring at you on that chart (data from Yamana Management Information Circulars) he owns less than U$2.2m worth of bought shares, a numbers that’s hardly changed for many years (apart from the DSUs and RSUs he awards himself for free, of course). This may be why he doesn’t seem to give a damn about his shareholders or the mediocre way the company goes about its business. 
Peter Marrone, the gold mining CEO in love with US Dollars.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.