Business Services Industry
Telstra to ask shareholders for $2m director fee pool.
Australasian Business Intelligence, September, 2005
Sep 11, 2005 (The Australian - ABIX via COMTEX) -- Australian telco, Telstra, has issued a notice for its AGM. The telco will ask
shareholders to approve the boosting of the pool for non-executive directors' fees to $A2 million. Telstra has forecast that its earnings will drop by 10 in 2005-06. CEO Sol Trujillo, an executive director, will be excluded from the proposed pay rise. There are seven directors on the Telstra board,
including Trujillo and the chairman, Don McGauchie. The profit warning sparked a huge share sell-off. Telstra shares dipped by $A0.02 to close at $A4.35 on 9 September 2005.
Publication Date: 10 September 2005
TELSTRA...
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
