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Sky TV directors seek big pay rise
2015-09-23 12:18:57| Telecom - Topix.net
Sky Network Television, the country's dominant pay-TV operator, will ask shareholders to lift the pool of directors' fees 27 per cent for a slimmed-down board, saying it needs to pay more to attract and retain quality members. Shareholders will vote on whether to lift the pool to $900,000 from the current $750,000, according to the Auckland-based company's note of annual meeting, to be held on Oct. 21. Sky TV will have five independent directors after the meeting when Humphrey Rolleston and Robert Bryden retire, and is in the process of recruiting at least one other non-executive director.
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Category:Telecommunications