Briscoe seeks $100,000 bump to directors' fee pool to allow for bigger board

Tue, 05 Apr 2016

By Paul McBeth April 5 (BusinessDesk) - Briscoe Group, the retailer controlled by managing director Rod Duke, wants shareholders to approve a $100,000 bump to the pool for directors' fees, giving it the flexibility to add another member to the board. The retailer's 3,487 shareholders will vote on May 19 in Auckland on whether to increase the pool for directors' fee to $380,000 from $280,000, according to its notice of the meeting. Briscoe last lifted directors' pay in 2013, when it added $95,000 to the then $185,000 pool which it used to...

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