executive remuneration

January 2017: Month ahead in meetings

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First business day back and already the meetings are underway with Centuria Capital's security holders voting this morning to approve the conditional placement underpinning its acquisition of the 360 Capital Group's real estate platform (approved by its security holders on 30 December 2016)...and a unitholder requisitioned EGM to wind up... Show More

2016 Review

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A lot of media attention has been taken up with the first strikes occurring in 2016 – AGL Energy, Boral, Carsales.com, Commonwealth Bank of Australia, CSL, Goodman Group, Spark Infrastructure, Woodside Petroleum – yet the suggestion of some kind of shareholder revolt in 2016 merits closer examination. Show More

Daily AGM Note, Friday 25 November 2016

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Aside from Primary Health Care, today's note features smaller AGMs. First strikes at Australian Dairy Farms Group, Fleetwood Corporation, East Energy Resources and Quantum Energy and close at Carnarvon Petroleum. Not for the first time this season, I take a look at the show of hands or poll debate, using... Show More

Daily AGM Note, Tuesday 22 November 2016

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Today's note - it's a quiet day - but still a first strike at First Growth Funds, Recce Limited, and Berkeley Energia, while Prime Media Group and Metallum avoid a second strike. From yesterday's AGMs, Alexium International received a first strike with only 61.80% poll votes for its remuneration report.... Show More

Daily AGM Note, Friday 18 November 2016

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A first strike at Global Masters Fund. As for All the Majors: it's a quiet day. Some dissent on the resolution to re-elect Trevor Gerber as a director of Vicinity Centres. Otherwise a lot of smaller AGMs today. Today's note highlights different examples of the resolutions where shareholders express dissent:... Show More

Daily AGM Note, Thursday 17 November 2016

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First strike at Goodman Group, Empire Oil and Gas, and at Mineral Resources, second strike and board spill at Zeus Resources. Second strike but no Board Spill at Liquefied Natural Gas. Today's Daily AGM Note has the details, plus a selection of voting outcomes from other AGMs today, including Village... Show More

Daily AGM Note, Wednesday 16 November 2016

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A first strike at SurfStitch Group and at Pacific Resources, some nuances on remuneration resolutions at PACT Group and Acorn Capital investment Fund plus others as the results come to hand. One example from today's AGMs is PS&C Limited: the proxy voting tally doesn't convey enough information as to whether... Show More

Daily AGM Note, Tuesday 15 November 2016

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Today's note again highlights the show of hands versus poll voting debate, with three smaller ASX listed entities demonstrating why a poll is best: the result, even if it is one the Board doesn't like, is clear. You'll find today's note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16530 and remember it's updated through... Show More

Daily AGM Note, Thursday 10 November 2016

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A first strike at Cover-more Group and results for BlueScope Steel and Treasury Wine Estates (with Wesfarmers results later today). In today's note I also take a look at the poll versus show of hands as a method of voting, with three AGM examples to show the benefits of a... Show More

Daily AGM Note, Wednesday 9 November 2016

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A big AGM day for All the Majors, with Computershare, Commonwealth Bank, Flight Centre, Fortescue Metals and Medibank Private all holding AGMs today. While the daily AGM note will be updated through the day, results are already in for some of these companies. Outside the ASX 100, Sims Metal Management's... Show More

Daily AGM Note, Friday 4 November 2016

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A quiet AGM day in terms of numbers...A first strike at Slater and Gordon, a second strike at Templeton Global Growth Fund...the Daily AGM note has the details on a selection of AGM results and is updated through the day. You'll find today's note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16344 Show More

Daily AGM Note, Thursday 3 November 2016

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A first strike at Boral and no second strike at Downer EDI. The Daily AGM note is available and this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16318 It is updated through the day and into the evening as results come through. Show More

Daily AGM Note, Wednesday 2 November 2016

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A quiet AGM day, but two first strikes and Comet Resources avoided a second strike. Details can be found in the Daily AGM Note for Wednesday 2 November 2016 https://subscriber.theexecutiveremunerationreporter.com.au/archives/16311 Show More

November 2016: Month ahead in AGMs

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You can find the main note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16303 and from there you can reach the other notes. ASX Listing Rule 10.17 resolutions to increase the non-executive director fee pool are one theme to look out for. I explain these resolutions in this note https://subscriber.theexecutiveremunerationreporter.com.au/archives/14158 and while many companies... Show More

Daily AGM Note, Friday 28 October 2016

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First strike at Carsales.com and dissent obvious on the NED fee pool limit resolution at The Star Entertainment Group. Today's Daily AGM Note is available at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16238 and is updated throughout the day. Show More

Daily AGM Note, Wednesday 26 October 2016

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Globe International received a second strike and just avoided a Board spill at today's AGM. The Daily AGM note for today is available at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16194 and is updated through the day as results become available. Show More

Daily AGM Note, Tuesday 25 October 2016

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A couple of first strikes already today at Lantern Hotel Group and at Chalmers Ltd, a second strike but no Board Spill at Australian Ethical Investment, plus some evidence of dissent on director elections and LTI grants across several other companies, including Tabcorp Holdings. You'll find today's note at this... Show More

Daily AGM Note, Thursday 13 October 2016

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Today's note reports on the results for Magellan Financial Group, Orora and Transurban and can be found at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16026 Show More

ASX:MFG ASX:TCL ASX:ORA executive remuneration 2016 AGM

October 2016: The month ahead in AGMs

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Two notes this month to cover All the Majors from Amcor to JB Hi Fi https://subscriber.theexecutiveremunerationreporter.com.au/archives/15908 and from Magellan Financial Group to Transurban https://subscriber.theexecutiveremunerationreporter.com.au/archives/15905 So what are the 'interesting' resolutions this month? Take a look at Magellan Financial Group - termination benefits for Hamish Douglass, or the company loan to... Show More

No performance pay for Andrew Mackenzie at BHP Billiton

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It should be no surprise to learn that Andrew Mackenzie received no performance pay for FY2016 performance. Samarco was clearly relevant to the STIP decision, but it is interesting to note the company's comments in the same paragraph on safety performance (no fatalities at BHP controlled operations) and no environment... Show More

ASX:BHP executive remuneration 2016 AGM