I have been reading this announcement from Next DC: http://newsstore.fairfax.com.au/apps...Dca%26sy%3Dage
It says that the wife of Bevan Slattery (non executive director and founder of the company) has been granted a mortgage over the shares held by Robin Khuda (Chief Commercial Officer and Deputy Executive Officer).
I am curious as to why Robin would agree to it (having someone get a mortgage and using his shares as security)? What's in it for him? How do these arrangements usually work?