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I saw a couple of comments on here about hoping that Bob Stuart was well looked after. Well the Directors remuneration was almost £700K and Bob was one

I think one has to separate the wish some (one would hope many) of us have for Bob to be in a sensible financial position as a result of all the work he has done at Meridian (and within the wider audio space), and whether or not what he got paid for his role at MQA was reasonable (which I suspect it was).

Your comments could be interpreted to mean that, because MQA might fail, he shouldn't benefit in retirement from the previous work he has done, which I'm sure isn't what you meant. I can't comment what his salary should have been at MQA, but one would imagine, given who the investors are, that they felt it was fair and reasonable. It's also quite possible that the £400k salary was being taken by someone working on behalf of the investors and not Bob (been there).

I agree the financials don't look as strong as I would have expected. It's not unusual for tech startups to burn money, but the momentum needs to be there that shows a path to profitability.

Last edited by Jeremy A-H; 2023-04-20 00:26.
Prolific music listener / Hi-Fi addict!