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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

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

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Duncan Bridgeman
Tue, 29 Sep 2015
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Former Cavalier boss collects big termination payment
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