ASX:RWCBuilding
Does Reliance Worldwide’s (ASX:RWC) Pay Revolt Reveal Deeper Questions About Management Alignment?
In recent weeks, Reliance Worldwide’s AGM outcomes have drawn attention as nearly 2 million performance rights lapsed, shareholders delivered a second strike against the remuneration report, and the CEO received a new long-term equity incentive grant.
This combination of unmet performance hurdles and visible shareholder pushback on pay has intensified scrutiny of the company’s governance and management alignment with investors.
We’ll now examine how this governance tension, especially the...