Leadership Shift and Shareholder Tensions Shake ANZ
Shayne Elliott, the outgoing CEO of ANZ, has chosen to relinquish his long-term variable remuneration (LTVR) for 2025, a decision influenced by shareholder opposition ahead of the bank's annual general meeting. Proxy votes revealed that nearly half of ANZ shareholders—49.23%—rejected the proposal to award Elliott restricted and performance rights, signaling...