Proxy advisors also urged shareholders to vote against the re-election of marketing executive Todd Sampson at the forthcoming annual general meeting.
The Qantas board is under pressure over allegations it deliberately sold flights that had already been cancelled.Ownership Matters told investors on Monday that Qantas had not appropriately reduced its incentive outcomes despite the recent turmoil and that it was not clear what further information the board needed to tackle the headwinds faced by the airline.
“Sampson has heightened responsibility for this, despite the board’s collective responsibility, given he has been a director for more than eight years and his background in advertising, marketing & brand management,” the email said. Ownership Matters has urged Qantas shareholders to vote against the re-election of marketing executive Todd Sampson.
Goyder announced last week that he would step down from his role at Qantas ahead of the group’s 2024 annual meeting as part of a broader board overhaul, after weeks of dismissing calls for his resignationThe business has also implemented a new three-year limit on the tenure of board directors to provide “a balance of fresh leadership with necessary continuity”.
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