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from Perth Now Last week, Seven Group chairman Kerry Stokes...

  1. 86 Posts.
    from Perth Now
    Last week, Seven Group chairman Kerry Stokes weathered a major shareholder revolt when 40 per cent of them voted against chief executive Don Voelte's $5.5 million package.

    The ASA was opposed to the structure of Mr Voelte's remuneration as it was tied to the company's shares rising.

    "The shares could rise due to sentiment rather than due to increased earnings," Mr Bury said.

    "We don't consider that was a good measure of performance."

    Maybe we can pass the hat around to help him out lol
 
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