1. Telstra Shareholders Just Hit the Board with a New Australian Record 'First Strike' Vote Against Executive Pay

    Telstra Shareholders Just Hit the Board with a New Australian Record 'First Strike' Vote Against Executive Pay

    Telstra shareholders have made it clear just how unhappy they are with the company’s executive remuneration policy. The Australian reports a staggering 62% of eligible shareholders voted against Telstra’s remuneration report at today’s annual general meeting. That’s a new record high in corporate Australia, beating the 61.4% of AMP shareholders who rejected the company’s executive remuneration report back in May...

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    1. Some observers out there seem to think that directors sit around like the Witches of Macbeth scheming as to how they can manipulate incentive schemes to give improper benefit to already excessive executive salaries.
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