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Showing 1 - 10 of 18 results for "First strike"

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
... remuneration report at 93.2%, while George's long-term incentives for 2025 passed at 96.6%. In 2023, AMP copped a first strike on its remuneration report following disgruntled shareholder feedback. George was slated to be awarded performance rights ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... process enhancements that we're undertaking now are currently being rolled out," he said. Platinum received its first strike in the 2023 remuneration report with 59% of shareholders rejecting it. The board said it takes "shareholders' feedback ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony D'Aloisio forebode the first strike following extensive engagement ahead of the vote with those who flagged they were against the report. D'Aloisio said, "we ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... value accretive proposals that may be presented to Pacific Current in the future," PAC said. Meantime, PAC recorded a first strike against its remuneration report at its annual general meeting today, with more than 48% of investors opposing it. A resolution ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following years of turmoil. If a second ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
AMP anticipates it will receive a first strike on its remuneration report following disgruntled shareholder feedback at this morning's annual general meeting. Based on votes that were already cast, AMP chair Debra Hazelton said while "the first strike ...

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... general meeting yesterday. Twenty-nine percent of shareholders voted down adopting the remuneration report, marking the first strike. Should 25% or more shareholders protest the pay package next year, Westpac will face a board spill. The remuneration ...

Evans Dixon thwarts Tony Pitt...for now

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
At Evans Dixon's annual general meeting yesterday, shareholders delivered a first strike against the remuneration report but were happy to pass the options and rights plan to the dismay of 360 Capital. 360 Capital's October 27 offer to acquire ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Challenger's company-wide salary freeze wasn't enough to appease shareholders, who delivered a first strike against its executive pay yesterday. Of the total votes cast, 28.25% were against adopting the remuneration report, meaning it was approved ...
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