Tabcorp in first strike warning over bonuses as pay revolt continues

A day after Telstra board was given a bloody nose, 40% of shareholders in gambling company reject remuneration report

The backlash against excessive executive pay in Australia has continued as Tabcorp suffered a first strike from shareholders at its annual general meeting in Brisbane.

After a thumping 62% of Telstra shareholders gave the board a bloody nose on Tuesday, 40.4% of Tabcorp shareholders voted to reject the gambling company’s remuneration report on Wednesday.

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from The Guardian https://ift.tt/2pSF95c
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