The proxy whisperer behind AGM season

Maria Leftakis is the board whisperer Westpac and other boards call on during AGM season to fight off the proxy firms and secure the votes they need.

Thirteen top-200 companies – and 16 top-300 companies – have suffered a strike on pay so far this AGM season with NRW Holdings and Harvey Norman suffering second strikes but avoiding a board spill.

More alarming for boards is that 30 top-300 directors have received a protest vote of over 20 per cent with two directors voted off a board for the first time in living memory.

Read the full article here