Social license must inform CEO remuneration

The 2021 AGM season saw much frustration amongst shareholders and stakeholders because of high levels of CEO and director remuneration during the COVID-19 health emergency. This has caused reputational damage and adverse media coverage for a number of large organisations, including some big household names.

For example, over 70 per cent of shareholders voted against the director’s remuneration report at supermarket chain Morrisons in a nonbinding vote at their AGM earlier in June, and a number of shareholders opposed the remuneration report and policy at the JD Sports AGM later that month.

John is the Managing Partner of Integrity Governance. He specialises in working with businesses at a point of inflection, and boards and businesses under pressure due to change.

-Managing Partner of Integrity Governance

-Specialises in point of corporate inflection, and changes to corporate structure

-Previously: chief executive, chairman and director in numerous global companies

-International facilitator for the Australian Institute of Company Directors

Prior to establishing Integrity Governance over 17 years ago, John worked across a range of industries and held chief executive, chairman and director roles in a number of companies around the world. John’s extensive experience means he’s equipped to help you navigate growth, new markets, mergers, acquisitions and crises; and the pressures of new ownership, generational, economic or legislative forces .

John is a core international facilitator for the Australian Institute of Company Directors, and is an in-demand speaker and thought leader on board effectiveness, practical governance and business disruption. He’s a Fellow of the Australian Institute of Company Directors, the Institute of Directors (UK), Financial Services Institute of Australia, a Board Leadership Fellow of the National Association of Corporate Directors (USA) and a member of the Chartered Institute of Public Relations.