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Myriam Robin

Emeco MD is $11m richer

Myriam RobinRear Window editor

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Emeco's shareholders have seen the value of the mining equipment company decline 63.9 per cent since its recent high on February 20. But all the Christmases have come at once for its key staff, who've just received a total of 19 million shares worth $17.5 million. Entirely for free!

$11m richer: Emeco chief executive Ian Testrow. Ryan Stuart

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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/emeco-md-is-11m-richer-20200402-p54gg5