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Goodman must jump higher earnings hurdles

After persistent pressure from proxy advisers and shareholders, Goodman Group is implementing tougher earnings hurdles for its CEO and management.

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When your management team has $1.4 billion in equity incentives, it is fair to assume they will be highly aligned with the interests of shareholders who want stronger earnings per share growth.

But Goodman Group – the world’s leading developer, owner and manager of industrial property – has consistently faced opposition to its remuneration policies from proxy advisers and shareholders.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/chanticleer/goodman-must-jump-higher-earnings-hurdles-20220816-p5babp