RBD - Restaurant Brands

[Sideshow Bob]

http://www.stuff.co.nz/national/8050...et-a-job-there

not good in Marlborough City KFC

[Bjauck]

Steve Braunias gives Carl's Jr Lincoln Rd 9/10.
http://www.nzherald.co.nz/lifestyle/...ectid=11654004

[albundy29]

More importantly just got the RBD annual report in the mail.

What gives - no voucher for chicken and chips or any of their products, as we have had in previous years.

My return on investment ( previously dividends + food) has just dropped.

[dobby41]

My return on investment ( previously dividends + food) has just dropped.

And your health maybe better.

[Bjauck]

And your health maybe better.

It depends on where and what they eat instead...

[blackcap]

More importantly just got the RBD annual report in the mail.

What gives - no voucher for chicken and chips or any of their products, as we have had in previous years.

My return on investment ( previously dividends + food) has just dropped.

Aw shucks, there goes my cunning plan when I split my holding amongst entities. Oh well have had a bit of profit from this strategy. No need to hold the small holdings, better consolidate and sell some at these prices

[kura]

Aw shucks, there goes my cunning plan when I split my holding amongst entities. Oh well have had a bit of profit from this strategy. No need to hold the small holdings, better consolidate and sell some at these prices

Yes, I also miss the free voucher !

Will also mention that about 10 years ago, a friend was doing an advanced tax paper as part of his law degree, had an assignment to comment on the RBD free burger & chips voucher for shareholders.

Think it was technically taxable, but have no idea how IRD would extract it's pound of flesh !

[kura]

Yay, got my free lunch voucher in mail today (came with AGM notice )

- 2 pcs chicken
- chips
- potato & gravy
- drink

[Snoopy]

Yay, got my free lunch voucher in mail today (came with AGM notice )

- 2 pcs chicken
- chips
- potato & gravy
- drink

While you guys are filling your bellies, did you notice the intent to raise dirctors fees by 18% in the AGM notice?

The strategic pay report suggested
"The suggested new fees are at or above market median levels but still below upper quartile levels."

The directors then take the 'high ground' saying their own request for a pay increase is at the bottom end of Strategic pay' recommendation.

But taken together, the directors are asking to be paid above average just below the upper quartile. IMO this is excessive. Most of the thinking for Restaurant Brands is actually done by the master franchise holders in the USA. An RBD director requires a 'below average' skillset and should be remunerated accordingly.

These are the guys that offered our Russel a $1m 'long term' bonus based only on share price performance that he was able to cash in within months of it being granted. Nothing about outperforming a peer group of companies. Improving profitability of the company not a separate consideration? Where did $1m come from? And what is the next 'long term' incentive? $1m for next year?

No denying that Russel has done a good job. But he is already very well remunerated for that

The brief summary in the AGM notice said there was full copy of the Strategic Pay report on the RBD website. Anyone able to find it?

SNOOPY

[Beagle]

Yay, got my free lunch voucher in mail today (came with AGM notice )

- 2 pcs chicken
- chips
- potato & gravy
- drink

And people are trying to tell me on the AIR thread that shareholders perks are dead / useless / inappropriate.