executive salary
Transurban (ASX:TCL) shareholders are protesting over the pay for its senior executives after being incited by an adviser to the company’s investors. For the first time, shareholders are able to force non-executive directors to face re-election if 25 percent vote against executive pay consecutively for two years.
The toll road operator is on its fourth year of protest against pay packages, and more than 50 percent of shareholders voted against the company’s remuneration report last year.
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