NewsBite

NextDC boss faces ‘excessive’ pay package battle

Tess Bennett

NextDC is facing a shareholder revolt against executive remuneration plans that would make its chief executive Craig Scroggie one of the highest-paid leaders of a publicly listed company.

CGI Glass Lewis and Institutional Shareholder Services, two influential governance advisory firms, have urged investors to vote against a $150 million bonus package, designed to stop NextDC’s top executives being poached, at its annual meeting on Thursday.

Loading...
is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/nextdc-boss-faces-excessive-pay-package-battle-20251110-p5n93c