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Investment
4 mins to read

‘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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‘Never a good time to ask’: $215k NZX director fee hike approved
Investment,
103688
true