In 2017 the total payments to the Directors of Harness Racing NSW was $106 738.
Rod Smith was paid $15 795.
Peter Nugent copped $20 765.
Ken Brown $2 633.
By the next year – 2018 – the total Board Members fees had jumped to $138 254.
Smith was on $49 585.
Nugent $20 765.
Brown $20 769.
Fast forward another year, and now the total Directors fees have catapulted up to $186 218, a pay increase of over 80% in just 2 years.
Smith’s snout was $82 741.
Nugent’s was $27 580.
Brown’s was too.
In the same year that the Directors copped their big drink, HRNSW recorded a loss of over $6 million dollars, and nearly $4 million disappeared from its gross and net asset base.
I guess they call it non-performance pay.
Overnight the non-performers have ripped 20% of harness racing industry participants earnings through slashing prizemoney by more than five million dollars.
When are mis-Directors of the board going to show some leadership and volunteer to take the same cut in pay?
Never, until now, I reckon.
Help them along the way to doing the right thing.
Forward this story to every trot person you know.