Former Cavalier boss collects big termination payment
Colin McKenzie took home nearly $1.4m after resigning in May from the struggling carpet maker.
Duncan Bridgeman Tue, 29 Sep 2015
Struggling carpet maker Cavalier Corporation [NZX:CAV] paid former chief executive Colin McKenzie nearly $1.4 million in salary, termination payments and other benefits in the year to June, the company’s annual report shows.
Mr McKenzie, who was also Cavalier’s managing director, resigned in May