Evraz Highveld Paid Former CEO Ballandino $3.6 Million For Two Months Work

Bloomberg reported that Evraz Highveld Steel & Vanadium Ltd.’s (PINK:HGVLY) former CEO worked only two months in 2010 for a sum of $3.6 million.

The market news is quoted as saying:

The steelmaker on March 16 reported a loss before interest, tax, depreciation and amortization of 263 million rand for the 12 months to Dec. 31, compared with earnings of 447 million rand a year earlier.

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