Infratil directors' fee increase gets NZSA tick of approval

Infratil directors' fee increase gets NZSA tick of approval
Jenny Ruth
By Jenny Ruth Aug. 14 (BusinessDesk) - Days after announcing that it will vote against Xero’s proposed increase in directors’ fees, the New Zealand Shareholders’ Association is holding out Infratil as an example of best practice of how to go about getting its approval. Infratil wants to increase its pool of directors’ fees by $294,802 to $1.33 million a year and has won over NZSA while Xero is asking for an $800,000 increase to $2.2 million. Xero’s market capitalisation at A$8.77 billion is more than double Infratil’s $3.26 billion but...

More Services

Former school lunch provider in liquidation
Law & Regulation

Former school lunch provider in liquidation

Secret Chef stopped trading in December last year.

Michael Neilson 18 Mar 2025
Libelle approached liquidators late last week
Services Exclusive

Libelle approached liquidators late last week

Liquidators were called on the same day a student was burned by a meal.

Cécile Meier 11 Mar 2025
HelloFresh faces legal action for misleading consumers
Services

HelloFresh faces legal action for misleading consumers

Previous customers were allegedly offered a discount voucher.

BD AI 11 Mar 2025
NZ Post increasing Manila outsourcing
Services

NZ Post increasing Manila outsourcing

The Philippines call centre is set to expand by 15 people in May.

John Anthony 06 Mar 2025