HighCom (ASX:HCL) appointed former Group Chief Operating Officer Todd Ashurst as group chief executive officer, effective immediately, according to a Monday filing with the Australian bourse.
Ashurst will receive remuneration of AU$310,000 per annum and a potential cash bonus of up to AU$40,000 per year, the filing said.
Shares of the company fell past 5% in recent Monday trade.
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