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Former Ryman CEO banks $1.57m for final year in charge

Richard Umbers hit only a third of his targets under his short term incentives, though his departure severance was still healthy.

Richard Umbers leaves Ryman with substantial 'compensation'.

Richard Umbers, Ryman Healthcare's recently deposed chief executive, was paid $1.57 million as cash “compensation” in the last financial year, despite hitting only a third of his performance targets.

Umbers stepped down on April 19, officially leaving his desk the following Monday. He was

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Brent Melville Wed, 19 Jun 2024
Contact the Writer: bmelville@nbr.co.nz
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Former Ryman CEO banks $1.57m for final year in charge
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