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Caltex shareholders take aim at CEO pay

Angela Macdonald-Smith

The scale of short-term bonuses available for Caltex chief executive Julian Segal has driven the Australian Shareholders' Association to advise it will vote against the fuels supplier's remuneration report at Thursday's annual shareholder meeting.

The group will also oppose the granting of performance rights to Mr Segal.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/caltex-shareholders-take-aim-at-ceo-pay-20190507-p51kru