Big AGM voter Vanguard ready to wield its proxies to challenge boards
One of the biggest voices at the upcoming AGM season outlines its thinking: don’t expect ideological stances, but do expect a strict focus on skills and pay.
Butter up those shareholders, AGM season is upon us.
We expect a higher-than-usual level of strikes against remuneration reports to spill over from last AGM season, and some argy-bargy over CEO performance rights. You can sense it coming – a lot of active fund managers have had a tough year and need someone else to blame.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
