UGL chief staying on

UGL chief executive Richard Leupen has had his contract extended for 13 months as the company moves to split its engineering and property businesses. Mr Leupen would have stepped down in March but will now stay until April 2015. His extended contract includes fixed remuneration of $2.08 million a year, plus a $1.5 million strategic incentive fee.

UGL chief executive Richard Leupen has had his contract extended for 13 months as the company moves to split its engineering and property businesses. Mr Leupen would have stepped down in March but will now stay until April 2015. His extended contract includes fixed remuneration of $2.08 million a year, plus a $1.5 million strategic incentive fee.

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