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 and brand management,” the email said. The spokesperson added the business was in a “fundamentally strong position” to fix service issues and restore trust.in September, two weeks later than usual, after its board faced serious pressure to dock the pay of executives despite its record $2.47 billion in underlying profit for the 2023 financial year.
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