Nine facing backlash over pay

Original article by Jake Mitchell
The Australian – Page: 23 : 14-Nov-16

Nine Entertainment Company could incur a first "strike" against its remuneration report at the 2016 AGM. WIN Corporation owner Bruce Gordon controls 14.9 per cent of Nine’s shares, while Perpetual has a 14.2 per cent stake. WIN has lobbied the fund manager to vote against the report, although Institutional Shareholder Services and the Australian Shareholders’ ­Association have recommended that investors vote in favour of the report. However, the salary of Nine chairman Peter Costello is expected to attract scrutiny.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NECWIN CORPORATION PTY LTDBIRKETU PTY LTDPERPETUAL LIMITED – ASX PPTINSTITUTIONAL SHAREHOLDER SERVICES INCORPORATEDAUSTRALIAN SHAREHOLDERS’ ASSOCIATIONSOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXLFAIRFAX MEDIA LIMITED – ASX FXJ