Support for NZ ‘say on pay’
Australian shareholders have had explicit rights to vote on executive pay since 2001. Should New Zealand go down the same track?
Tim Hunter
Mon, 02 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
In Sydney next month the board of mortgage broker Mortgage Choice faces a potential “second strike” vote that could kick out six directors, including chairwoman Vicki Allen, over the way it pays its senior executives.
The vote is a legal requirement after last year’s “first strike” in which
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Tim Hunter
Mon, 02 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.