Tatts Group CEO’s contract extended for further 3 years

Tatts group chairman Harry Boon announced that the company has agreed to extend the contract of Robbie Cooke, current CEO and managing director, for a further three years.

Cooke will be paid a fixed annual remuneration for $2 million per year and be entitled to an ‘at risk’ annual performance incentive up to a maximum of 100 percent of fixed annual remuneration.

“The Board is pleased to retain Mr Cooke’s service, thereby providing an opportunity to continue the Group’s ongoing business renewal program.”

“Mr Cooke’s contract remuneration continues to be firmly linked to Tatts Group’s performance and a substantial percentage is ‘at risk’ and clearly aligned with the interests of shareholders.”