Worley has received a first strike on its remuneration report after giving $680,000 in special cash bonuses to top executives for completing a $4.6 billion takeover that has left the engineering group's shareholders worse off.
Some 30 per cent of votes cast at Worley's annual general meeting in Sydney on Thursday were against the engineering group's remuneration report, even though its biggest shareholder, Dubai-based engineering and design group Dar, abstained.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
