Fletcher offers another AGM vote on executive pay
Executives forfeit short-term incentives ‘in light of the group’s poor financial performance’.
Fletcher Building managing director Andrew Reding.
Fletcher Building is again offering shareholders a say on its executive pay scheme after last year’s report copped an 11% vote against at its annual meeting.
The vote is non-binding but otherwise mimics the requirement for ASX-listed companies to provide a say on pay.
NZ Shareholders Association
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