Brisbane Times
·general
·1 hour ago
Kyle and Jackie O’s former boss gets historically smoked by angry shareholders
ARN chairman Hamish McLennan faced a 90 percent protest vote against executive pay at Thursday's annual meeting, among the highest shareholder rebellions on record. The radio network owner's CEO Michael Stephenson earns $1.1 million while the company is valued at just $81 million. McLennan secured re-election with 79 percent support after committing to purchase $500,000 in company shares.
Summary by Glance · Brisbane Times
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