ON THE MONEY: Bowker, Nashy, raising directors' fees, and more ...

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Sat, 01 Apr 2023

A refined case of directors' fees increasingAfter the past three years spent closing down New Zealand’s only oil refinery, the directors of Channel Infrastructure know they can’t ask for all that much by way of a fee increase.The business is inevitably smaller now that it’s converted to a transport fuel import terminal only. In a sense, just keeping directors’ fees the same could almost be described as a pay rise. On the flip side, consider the titanic total of 159 board and committee meetings to oversee a...

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