Premium

Why A2’s directors' fee increase is 'excessive'

The Shareholders Association will oppose alternative milk marketer A2 Corporation’s [NZX: ATM] proposal to increase directors’ fees from $250,000 to $600,000.

“We think it’s excessive,” association chairman John Hawkins told NBR ONLINE.

“It’s more than is needed to be appropriate for directors and a company of that size.”

It will not, however, opposed the re-election of chairman Cliff Cook and director David Mair, or the election of Julia Hoare.

 

Want to read more?

Choose a Subscription type that's right for you HERE
Already have an account? Login