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“All these [Occupy] protests, the fact that the market is down and the introduction of the two strikes legislation has led to the realisation that a stop must be put to the CEOs and executives hijacking the board,” Mr Matthews said. “It’s time for them to live in the real world.” Read more: www.news.com.au...
Originally posted by Anusuia
I love this part . :" Exactly 52.9 per cent of shareholders at Pacific Brands voted down the board’s pay package after it was revealed that - along with other senior executives - CEO Sue Morphet received a $910,000 cash bonus when the company posted a $132 million loss.