First strike possible for DJs: report

BT Investment Management urges group to change the way it rewards CEO.

A key David Jones (DJS) shareholder has urged the group to appoint more retailers to its board and change the way it rewards chief executive Paul Zahra to make sure the company is not left in limbo while it looks for a successor, The Australian Financial Review reports.

According to the newspaper, BT Investment Management, which owns almost five per cent of the retailer, also defended shareholders' right to engage with boards over remuneration and corporate governance.

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