Investors may be justified in asking, why does Macquarie pay its executives more than any other company, when 67 others performed better, writes Adam Schwab.
Remuneration report
Full marks to Macquarie for new bonus structure
Macquarie Bankers are famously tough. They will sue, threaten, cajole, argue and buy there way to victory no matter what it takes. However, in corporate governance terms, the millionaires factory blinked in a major way yesterday when a new bonus structure was unveiled, writes Stephen Mayne.
Telstra cops whack from shareholders over remuneration report
Telstra’s board has been given an almighty whack by shareholders, with more than 66 percent of them casting a non-binding vote against the company’s poorly disclosed remuneration report, writes Adam Schwab.
Babcock teaches MacBank how to gouge
How fortunate for Babcock and Brown Infrastructure that Telstra also had its AGM yesterday – the kerfuffle over Sol’s wage nicely overshadowed a BBI remuneration report that made Telstra’s look parsimonious, writes Michael Pascoe.
Suncorp slapped down by shareholders
The board of Suncorp received a slap in the face from shareholders, with a record 41% of proxies being cast against the banks remuneration report at yesterday’s Annual General Meeting, writes Adam Schwab.
Macquarie v ISS: who should and shouldn’t vote?
Macquarie Bank has been aggressively fighting a rearguard action against proxy advisory powerhouse Institutional Shareholder Services on the contentious question of voting on the Millionaire Factory’s remuneration report at tomorrow’s AGM.
