Qantas shareholders slam Dixon payout
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Qantas shareholders yesterday delivered a stinging rebuke to the board for approving a AU$10.7 million (US$9.9 million) payout to former chief executive Geoff Dixon, lodging one of the strongest protest votes against a remuneration report in corporate history. More than 42% of the votes were registered against the report at the airline’s annual general meeting in Perth, with shareholders declaring the payout was not “in the spirit of Australia”.
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