$850K AUD for SXY which over a little more than 4 years has seen its SP deteriorate from 72 cents to 45 cents, an almost 40% decline is horrific.
If a new ALP Shorten Government constitutes a Royal Commission into the Energy Sector, the largesse paid to execs like ID in remuneration when their companies' SP falls 40% like in the case of SXY might cause considerable issues for the Royal Commissioner?
Remuneration of execs should be in the terms of reference, u would hope. GLTAH.
Are there any clawback provisions for the SXY underperformance?
A 40% fall in the SXY SP is clearly not what an exec should be rewarded for achieving.
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