‘Never a good time to ask’: $215k NZX director fee hike approved
Chair John McMahon defends NZX's total shareholder returns as board seeks 38% pay rise.
NZX chair John McMahon and CEO Mark Peterson.
Shareholders of stock exchanger operator NZX have approved a $215,000 increase in director remuneration, despite some opposition from disgruntled shareholders at today’s annual general meeting in Auckland.
Last month’s notice of annual meeting included a resolution to increase the remuneration
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