Despite a voluntary 25 per cent cut to Paladin Energy’s chief executive John Borshoff, nearly 17 per cent of the company’s shareholders voted against the uranium miner’s remuneration report at its annual general meeting.

 

The vote narrowly avoided a “first strike” against the company under the Federal Government’s corporate governance laws.

 

The Australian Shareholder Association railed against the report, questioning the company’s “excessively generous” remuneration policies.

 

"I haven't been able to find a listed company where a company secretary is paid as much as this one," Australian Shareholder Association representative Tom Herzfeld told The West Australian.

 

The full results can be found here