Mulacek moves on InterOil board

INTEROIL founder and one of its largest single shareholders, Phil Mulacek, has launched a rocket at the Papua New Guinea-focused company's board, demanding that the company cut the number of directors on the board from 10 and limit overall compensation.

Mulacek moves on InterOil board Mulacek moves on InterOil board Mulacek moves on InterOil board Mulacek moves on InterOil board Mulacek moves on InterOil board

Mulacek, who used to lead InterOil as CEO, wants to limit total cash payments for all directors to $600,000 annually to "better align the interests of the directors with the interests of the

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