Performance hurdles for CIMIC's new executive bonus scheme have been labelled "absurd" and not in keeping with Australian corporate governance standards ahead of the contractor's annual general meeting on Thursday. Spanish-controlled CIMIC's deputy chief executive Adolfo Valderas Martinez and chief financial officer Angel Muriel have been granted options vesting in October 2017 that will give them one share for each option if they pay an exercise price of $27.53.
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