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‘Struck’ companies pare executive pay

Most of the companies that suffered a strike to remuneration reports in last year’s annual general meeting season have trimmed their 2014 remuneration to avoid a second strike.

Su-Lin Tan
Su-Lin TanReporter
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The majority of companies that received a strike to their remuneration report during the 2013 annual general meeting season have given their 2014 remuneration a nip and tuck to avoid another strike this year.

An analysis by The Australian Financial Review showed that companies that got a strike last year, including Super Retail Group and Southern Cross Media Group, have responded to ­shareholder complaints from last year’s meeting by changing their ­remuneration mix or providing more transparency to their ­remuneration structure.

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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au

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    Original URL: https://www.afr.com/companies/struck-companies-pare-executive-pay-20141030-11e8gm