Business
Shareholders approve $110 million bonus scheme for Kogan founders – Sydney Morning Herald
Shareholders in online retail giant Kogan have voted in favour of controversial share grant but have issued a warning shot against the business’ broader remuneration…
Mr Ridder criticised those who had opposed the options grant as being recent entrants on Kogan’s share register, claiming that many who voted against the grant bought shares during Kogan’s June capital raising when the plans to award executives the bonuses were well-known.
However, Mr Ridder also simultaneously panned a number of Kogan’s largest investors for voting in line with proxy advice and issuing the company a ‘first strike’ against its remuneration report.
The chairman said it was “perplexing”…
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