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Oliver Mander: Shareholders' Association Chief Executive on the Warehouse's CEO's pay-out eclipsing falling shares

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Manage episode 425514272 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There's concerns that the Warehouse's top level salaries don't match the company's declining performance.

The Warehouse Group's shares fell to a record low of $0.97 after forecasting earnings would fall at least 64 percent year-on-year.

Former chief executive Nick Grayston was paid $2.79 million, out-earning his retail counterparts in the 2023 financial year.

Shareholders' Association Chief Executive Oliver Mander unpacks this further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6631 episodes

Artwork
iconShare
 
Manage episode 425514272 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There's concerns that the Warehouse's top level salaries don't match the company's declining performance.

The Warehouse Group's shares fell to a record low of $0.97 after forecasting earnings would fall at least 64 percent year-on-year.

Former chief executive Nick Grayston was paid $2.79 million, out-earning his retail counterparts in the 2023 financial year.

Shareholders' Association Chief Executive Oliver Mander unpacks this further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6631 episodes

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