Chairman John Mullen admits executive salaries are too high ‘across the board’
Telstra is considering an overhaul of how it calculates executive bonuses after suffering a first strike from shareholders opposed to its remuneration report.
More than 60% of investors voted against the telco’s remuneration report at Tuesday’s annual general meeting, raising the prospect of a board spill in 12 months if it doesn’t address widespread unhappiness among shareholders.
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