Oliver Mander: Shareholders' Association Chief Executive on the Warehouse's CEO's pay-out eclipsing falling shares

from Best of Business · host Newstalk ZB

There's concerns that the Warehouse's top level salaries don't match the company's declining performance. The Warehouse Group's shares fell to a record low of $0.97 after forecasting earnings would fall at least 64 percent year-on-year. Former chief executive Nick Grayston was paid $2.79 million, out-earning his retail counterparts in the 2023 financial year. Shareholders' Association Chief Executive Oliver Mander unpacks this further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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