NZX chair announces succession, fee rise plan

Picking a successor for NZX CEO Mark Peterson will be the biggest job for a new chair. (Image: Supplied)

Wed, 06 Apr 2022

The NZX board will be seeking increased directors’ fees for three years in a row to bring the current remuneration up to the market median after 18 years without change.The chair for the last seven years, James Miller, outlined the plan to shareholders at the first in-person annual meeting for the local exchange operator at its new headquarters in Auckland.He also announced that he would be standing down at next year’s annual meeting, allowing a new chair a year to help find a successor for the current CEO, Mark Peterson.By then, Mi...

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