As Crikey reported on Monday, Centro executives would be acutely feeling the pain of the listed property trust’s rapid and stunning fall from grace. As Centro stapled securities continue to slump yesterday, the value of executives’ share holdings in the entity slide further into negative territory, writes Adam Schwab.
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‘Skin in the game’ means Centro executives hurting just as much as shareholders
While shareholders won’t be happy with Centro’s collapse, a degree of credit should be given to the Centro board for its executive remuneration structure, writes Adam Schwab.
