NZSA to oppose Sky TV's 27% directors' fee hike

Thu, 15 Oct 2015

By Suze Metherell Oct. 16 (BusinessDesk) - The New Zealand Shareholders' Association will oppose Sky Network Television's bid to lift directors' fees 27 percent, with the retail investor lobby saying details around the hike are "woefully inadequate" and "potentially misleading". Shareholders will vote on whether to lift the pool to $900,000 from the current $750,000 at the Auckland-based company's annual meeting on Oct. 21. Sky TV will have five independent directors after the meeting when Humphrey Rolleston and Robert Bryden retire, and ...

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