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Clean TeQ Water Ltd ( (AU:CNQ) ) has provided an update.
Clean TeQ Water Limited has announced changes to the remuneration package of its CEO, Peter Voigt, following a salary benchmarking audit by independent consultants. The revised package includes a total fixed remuneration of $410,000 per annum and unchanged short and long-term incentives. Additionally, a one-off grant of 3 million performance rights is proposed to align executive incentives with shareholder returns and ensure leadership continuity. This announcement reflects Clean TeQ’s strategic focus on maintaining leadership stability during a critical transition period, which could impact its operational efficiency and stakeholder confidence.
More about Clean TeQ Water Ltd
Clean TeQ Water Limited is a global technology leader based in Melbourne, Australia, focusing on providing sustainable solutions for freshwater scarcity, mine tailings, and metal recovery. The company operates in core markets such as water and wastewater recycling, lithium production, and the remining and rehabilitation of mine tailings. It has a presence in multiple locations worldwide, including Melbourne, Perth, Darwin, Leeuwarden, Beijing, and Tianjin, and has partnerships in Africa and Latin America.
Average Trading Volume: 60,958
Technical Sentiment Signal: Strong Buy
See more insights into CNQ stock on TipRanks’ Stock Analysis page.