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Showing 21 - 30 of 86 results for "Executive remuneration"

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... experience, and their organisations are paying the bill. That bill is of course then flowing down to board and executive remuneration." Last week, the Governance Institute released data which indicated the financial services industry is extremely concerned ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... Australian companies, found 30% used a compensation consultant to provide a formal recommendation on chief executive remuneration. Additionally, the more a consultant is paid and the longer the firm retains the services, the more the chief executive ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... the 2017 remuneration report, remuneration consequences for risk and reputation matters and the new chief executive remuneration arrangements." "These intentions are anchored in the principle that incentives should be aligned with the financial outcome ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... executive has moved to reassure shareholders of his priorities going forward, including ongoing changes to executive remuneration following criticism. In a letter to NAB shareholders, Philip Chronican said the bank's board "heard loud and clear" that ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... consumer outcomes. "To address these issues, we will further strengthen our prudential requirements on executive remuneration, with consultation on a revised prudential standard due to start mid-year. We will also review our cross industry governance ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
The first strikes against executive remuneration at ANZ, NAB and Westpac recently show Australia's superannuation funds are cutting through when it comes to shareholder voting prowess. NAB recorded the highest ever vote (88%) against a remuneration ...

Westpac executive remuneration voted down

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
Westpac received a first strike for its remuneration report after shareholders overwhelmingly voted against it at the annual general meeting in Perth yesterday. The proposed remuneration report for the year ended 30 September 2018 was cast down by 64.16% ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... (@SwannyQLD) November 29, 2018 Former Treasurer Wayne Swan said low levels of trust in business coincided with executive remuneration remaining high despite the misconduct exposed at the Royal Commission. Ken Henry should resign immediately - Josh Bornstein ...

Culture dominates shareholder engagement

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
... changes they'd like to see let alone a strategy to achieve those changes," she said. Another hot topic is executive remuneration. Some Australian companies have moved away from the traditional long-term performance targets to a single plan that includes ...

Overhaul executive remuneration: Poll

KARREN VERGARA  |  MONDAY, 26 NOV 2018
Financial Standard readers have decried how banking and financial services executives are remunerated following insight into how CBA remunerated its executives at the financial services Royal Commission. Eighty-nine percent of respondents in our recent ...