On the Money: Fletcher, Adrian Orr, Brad Olsen and Michael Hill

Fletcher chief executive Ross Taylor told media he gets the good with the bad. (Image: Fletcher)

Sat, 20 Aug 2022

Taylor made On the Money reckons large increases in executive pay are only newsworthy if a company is underperforming or performing badly.If a company performs well, shareholders should expect the chief executive’s pay to go up, especially if the details of their pay package are already public.But I guess it’s human nature to take a prurient interest in remuneration that increases by multiple millions, as Fletcher Building chief executive Ross Taylor’s did in the latest year.Fletcher lifted annual net...

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