Abano’s trans-Tasman leadership team provides support across the Group for both the New Zealand and Australian dental businesses, and encompasses senior managers with business and clinical leadership skills and expertise. The CEO and CFO have additional responsibility for Abano’s disclosure and reporting requirements as a listed company.

Executives’ Long Term Performance-based Share Scheme

In 2015, the Board approved a new long term performance based share scheme for CEO, Richard Keys, on substantially the same terms as the previous Long Term Incentive Schemes that were put in place in 2008 and 2011.

The Board believes that long term performance based share schemes are desirable to ensure there is an alignment of managements’ interests and efforts with the interests of shareholders. Long term incentive schemes also ensure that long term growth and shareholder value are not compromised in favour of short term actions, with management rewarded if the Company performs well over the term of such a scheme.