Chanticleer
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.
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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