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Support for Santos chairman overwhelms environmental activist push

Simon Evans
Simon EvansSenior reporter

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Santos chairman Keith Spence has easily survived a push to have him removed from the Adelaide-headquartered oil and gas producer’s board, despite major industry superannuation fund HESTA voting against him.

The company also survived a push to vote down its executive pay plan by a wide margin, despite concerns raised by influential proxy advisory group Institutional Shareholder Services about the use of a corporate jet by Santos chief executive Kevin Gallagher and a “disconnect” in the cost of perks.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/energy/support-for-santos-chair-overwhelms-environmental-activist-push-20240411-p5fiy2