Mainfreight seeks a 33% increase in directors’ fee pool
Mainfreight has been paying its directors only half what it could pay.
Jenny Ruth
Wed, 31 May 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Mainfreight is asking shareholders to approve a 33% increase in the amount of funds available for directors’ fees to $904,000, even though it isn’t using half of its current allowance.
The last time the company increased its director fee pool to the current $680,000 level was in 2011.
But
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Jenny Ruth
Wed, 31 May 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.