PoT directors' whopper 'special projects' fees bid

NZ's principal export gateway, Port of Tauranga. (Image: PoT)

Fri, 22 Sep 2023

Directors at Port of Tauranga will seek shareholders’ approval for a 27.8% increase in the size of the board’s fee pool, with most of the increase being unallocated and available for “additional responsibilities and special projects”.The increase comes just two years after the last increase and will be put to a shareholder vote at the export hub’s annual meeting on Oct 27 in Mt Maunganui.The board is seeking a $245,000 increase in the size of the directors’ fee pool to $1.125 million, citing increased respons...

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