On Wednesday, Kerry Stokes′ Seven West Media reissued its remuneration report after discovering it had relied on an “erroneous” endorsement of the company’s vesting hurdles for its FY20 long-term incentive plan.
SWM’s announcement said it discovered the error after a review by external consultants Ernst & Young.
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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com
