Here's Why Shareholders May Want To Be Cautious With Increasing...

Here's Why Shareholders May Want To Be Cautious With Increasing Genetic Technologies Limited's (ASX:GTG) CEO Pay Packet

Key Insights:

• Genetic Technologies to hold its Annual General Meeting on 21st of November
• Total pay for CEO Simon Morriss includes AU$330.6k salary
• The total compensation is similar to the average for the industry
• Genetic Technologies' EPS grew by 9.0% over the past three years while total shareholder loss over the past three years was (-71%)
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In the past three years, the share price of Genetic Technologies Limited (ASX:GTG) has struggled to grow and now shareholders are sitting on a loss.
What is concerning is that despite positive EPS growth, the share price has not tracked the trend in fundamentals.
The AGM coming up on the 21st of November could be an opportunity for shareholders to bring these concerns to the board's attention.
They could also try to influence management and firm direction through voting on resolutions such as executive remuneration and other company matters.

We discuss below why we think shareholders should be cautious of approving a raise for the CEO at the moment.
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https://finance.yahoo.com/news/heres-why-shareholders-may-want-202617714.html
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