BRIAN GAYNOR: Directors want more money for less work

BRIAN GAYNOR: Directors want more money for less work
Brian Gaynor
Two virtual shareholder meetings on Wednesday, for Summerset and New Zealand Refining, raised major issues of concern. They showed that it is hard to challenge directors through these online processes, particularly as far as director fees are concerned. Shareholder questions are lodged through a moderator and it is difficult to submit immediate follow up questions when the initial answer is unsatisfactory. The other concern is that directors seem to like these virtual meetings, particularly Summerset chairman Rob Campbell, and may want to...

More Opinion

The turbo-charging of rates must stop
Economy

Cameron Bagrie: The turbo-charging of rates must stop

Turbo-charging rates are a lazy fix for infrastructure woes.

Cameron Bagrie 13 Feb 2025
AI guardrails schism – where should NZ stand?
Opinion

Peter Griffin: AI guardrails schism – where should NZ stand?

NZ is pursuing a ‘light-touch, proportionate, and risk-based’ approach to regulating AI.

Peter Griffin 13 Feb 2025
NZ’s new cut-price billionaire-backpacker routes
Opinion

David Chaplin: NZ’s new cut-price billionaire-backpacker routes

The lack of allegedly sophisticated rich immigrant enthusiasm is somewhat deflating.

David Chaplin 12 Feb 2025