To the AGL board - for achieving what no other company appears to have: a n. e f f e c t i v e. c l a w b a c k m e c h a n i s m. i n. i t s. r e m u n e r a t i o n structure, and alignment between company performance and executive pay, thereby producing an effective alignment between shareholder and executive outcomes. And for good measure, a further bouquet for being refreshingly candid and clear on the content and measurement of short term incentives. ASA commends the AGL board and urges all other companies to do a great deal more than just take note.
AGK Price at posting:
$14.07 Sentiment: Hold Disclosure: Held