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1/10/17

Skin in the game, Yamana Gold (AUY) (YRI.to) edition

You would have thought that a guy like Peter Marrone who gets this kind of cash salary per year...

...would buy a few shares of his own company. Sadly not, as even though there's $37.78m in cash staring at you on that chart (data from Yamana Management Information Circulars) he owns less than U$2.2m worth of bought shares, a numbers that's hardly changed for many years (apart from the DSUs and RSUs he awards himself for free, of course). This may be why he doesn't seem to give a damn about his shareholders or the mediocre way the company goes about its business. 

Peter Marrone, the gold mining CEO in love with US Dollars.