Rubicon's Moriarty and Taylor reap another $1.8M out of Rubicon

Fri, 29 Mar 2019

By Paul McBeth March 29 (BusinessDesk) - Rubicon's former top executives Luke Moriarty and Mark Taylor have agreed to drop their claim for severance packages in exchange for about $1.8 million of cash and shares. The pair had been in charge of the forestry biotech firm since it was formed in 2001 to commercialise innovation during the break-up of Fletcher Challenge, taking assets from the energy and forestry divisions. They announced their exit last August following a boardroom shake-up, and Rubicon subsequently noted their claim as a...

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