Cricket star Ross Taylor passed up early investment in Xero. By Dan Brunskill

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Listed Companies

Taking one for the team: Which top businesspeople took a paycut?

Andy Fyers
Mon, 26 Oct 2020

Andy Fyers
Mon, 26 Oct 2020
The New Zealand Shareholders’ Association chief executive Michael Midgley said some top executives and directors should be taking more of a financial hit to their own pockets as their companies struggle due to the covid-19 downturn. Midgley’s comments come in response to a BusinessDesk investigation which found 22 publicly listed companies with directors and/or executives took a cut to their remuneration in response to the pandemic. The size of the cuts and the length of time varies significantly amongst these companies. I...

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