By Stephen Mayne

Beating up on executive pay remains flavour of the month in Australia
at the moment. Some of the no votes against remuneration reportrs are
coming in higher than expected with Investa Group and AGL both still
mightily surprised at the protest votes, whilst Consolidated Minerals
CEO Michael Kiernan spat the dummy and resigned when his equity deal
was rejected.

Crikey will be on Today Tonight this evening for the second time in a
few months on the issue of executive pay. Naturally, I’m outraged.

The Gunns AGM might also see quite a protest votes against the
remuneration report tomorrow because the board continues to operate a


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Peter Fray
Peter Fray
Editor-in-chief of Crikey
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