tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spenda Confirms Corrie Hassan as Permanent CEO with Performance-Linked Incentives

Story Highlights
  • Spenda has appointed Corrie Hassan as its permanent chief executive officer, effective immediately.
  • The CEO’s pay structure includes unchanged base salary and performance-based short and long-term incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spenda Confirms Corrie Hassan as Permanent CEO with Performance-Linked Incentives

Claim 50% Off TipRanks Premium

An announcement from Spenda Limited ( (AU:SPX) ) is now available.

Spenda Limited has confirmed the appointment of Corrie Hassan as its permanent chief executive officer, following his prior role as interim CEO, with the change effective immediately. Hassan will serve under a standard rolling contract, receive an unchanged annual base salary of $275,000 plus statutory superannuation, and be eligible for short- and long-term incentive awards in shares, options or cash at the board’s discretion, tied to revenue, EBITDA and operational KPI performance hurdles, aligning his remuneration more closely with the company’s financial and operational outcomes.

The most recent analyst rating on (AU:SPX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.

More about Spenda Limited

Spenda Limited (ASX: SPX) is an Australian-listed company that operates in the financial technology and payments sector, providing software and digital solutions to support business transactions, revenue generation and operational efficiency for its customers.

Technical Sentiment Signal: Sell

Current Market Cap: A$10.84M

See more insights into SPX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1