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DGL Rewards CFO With Performance Rights as CEO Voluntarily Cuts Salary

Story Highlights
  • DGL Group granted 275,700 performance rights to CFO Gagan Singh, recognising his contribution under the company’s incentive scheme.
  • CEO Simon Henry has voluntarily reduced his base salary to $150,000, aligning his remuneration with shareholder value amid efforts to improve performance.
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DGL Rewards CFO With Performance Rights as CEO Voluntarily Cuts Salary

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DGL Group Limited ( (AU:DGL) ) has shared an announcement.

DGL Group Limited, a major player in chemical logistics and services across Australia and New Zealand, supports essential industries by formulating, manufacturing, storing, distributing, and safely disposing of hazardous and reactive chemicals. Its integrated network of licensed transport and warehousing assets underpins a full lifecycle approach to chemical management for its customers.

The company has granted 275,700 performance rights to Chief Financial Officer Gagan Singh in recognition of his contribution since taking on the role in December 2025, under its employee incentive scheme. In a parallel move, Chief Executive Officer and major shareholder Simon Henry has voluntarily cut his base salary to $150,000 per year on an interim basis, signaling alignment with shareholders and a focus on improving DGL’s financial performance before resuming a full CEO package.

The most recent analyst rating on (AU:DGL) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on DGL Group Limited stock, see the AU:DGL Stock Forecast page.

More about DGL Group Limited

DGL Group Limited is a leading supplier of chemical logistics and services to essential industries in Australia, New Zealand and beyond. The company provides formulation and manufacturing of hazardous and reactive chemicals, alongside licensed warehousing, distribution, and end-of-life disposal or recycling to manage the full product lifecycle.

Technical Sentiment Signal: Hold

Current Market Cap: A$152.6M

Find detailed analytics on DGL stock on TipRanks’ Stock Analysis page.

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