Pay proof will be in the pudding at Charter Hall

Detailed summary

The commercial property giant has long delivered for investors, but a protest vote against its pay report sends an important message.

You’ve got to give Charter Hall chairman Stephen Conry credit for a bit of grace under fire.

Having just watched the property giant’s remuneration report cop a hefty protest vote of at least 43 per cent at its annual general meeting – easily meeting the 25 per cent threshold for a so-called pay strike – Conry was asked whether chief executive David Harrison was unhappy with the heat around the pay issues.

Opening of the article, excerpted from Australian Financial Review. To read the rest, open the article on the publisher's site.