Sky on notice after chunky vote against CEO share scheme

Sky on notice after chunky vote against CEO share scheme
Paul McBeth
Sky Network Television chief executive Martin Stewart was put on notice by disgruntled shareholders today, with a sizeable vote against the share scheme of his pay package. The key vote to effectively sign-off on the in-principle deal with New Zealand Rugby reached over the weekend passed with 99.9 percent support, and the equity component of Sky TV's RugbyPass acquisition also received a strong endorsement with 98.4 percent voting in favour. Both transactions dilute existing shareholdings, with NZ Rugby getting 21.8 million shares and Rug...

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