Published on 9 Nov 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Sonic Healthcare's Annual General Meeting to take place on 15th of NovemberSalary of AU$2.37m is part of CEO Colin Goldschmidt's total remunerationThe overall pay is comparable to the industry averageSonic Healthcare's three-year loss to shareholders was 2.9% while its EPS grew by 9.1% over the past three years
In the past three years, the share price of Sonic Healthcare Limited (ASX:SHL) has struggled to generate growth for its shareholders. Despite positive EPS growth in the past few years, the share price hasn't tracked the fundamental performance of the company. Shareholders may want to question the board on the future direction of the company at the upcoming AGM on 15th of November. They could also try to influence management and firm direction through voting on resolutions such as executive remuneration and other company matters. We discuss below why we think shareholders should be cautious of approving a raise for the CEO at the moment.