NAB and ANZ face shareholder revolt over executive pay at their AGMs

Author : News Master Published: December 18, 2018

National Australia Bank and ANZ investors vent anger at falling share prices and industry-wide reputational damage

The National Australia Bank has faced a revolt from angry shareholders over executive pay with a record protest vote at its annual general meeting.

The bank announced it is scrapping its new executive pay scheme after more than 85% of shareholders voted against it.

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from The Guardian https://ift.tt/2A5UNiV
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