Equilar: US pay survey finds CEO ratio of 140:1

CEO pay ratio

Corporate governance researcher Equilar has found a median chief executive officer (CEO) pay ratio of 140:1 following an anonymous survey of 356 US public companies. Equilar asked the companies how they plan to report on this in their 2018 proxy …

High Pay Centre's Fat Cat Day highlights pay gap between UK CEOs and staff

High Pay Centre CEO pay

In its annual review of the pay of FTSE 100 chief executives and average UK employees the High Pay Centre, now working with the Chartered Institute of Personnel and Development (CIPD), found that by 4th January, dubbed Fat Cat

Investment Association: Register showing UK shareholder rebellions launched

Investment Association shareholder rebellion register

The Investment Association (IA), which represents the UK’s asset management industry, has launched its public register of listed companies which have had significant shareholder rebellions. The IA proposed its development in its response to the government’s green paper on corporate

LTIP issues cause director resignations at Persimmon

Persimmon LTIP

The chairman of housebuilding company, PersimmonNicholas Wrigley is to step down from his post once a successor has been found and Jonathan Davie, senior independent director and chairman of the remuneration committee resigned after taking responsibility for the

Deutsche Börse introduces pay cap for executive board

Deutsche Borse pay cap

Financial exchange group Deutsche Börse has introduced a cap on the total remuneration of its executive board members. The company said the decision to introduce the cap was taking at its supervisory board meeting this week and was part of

UK corporate governance reforms: Pay ratio disclosure to be mandatory

High Pay Centre CEO pay

The UK government is to require companies to publish pay ratios between chief executives – based on their total remuneration – and their average UK worker. This was among the actions outlined in the government’s response to its corporate governance …

UK PM Theresa May goes to market on #corpgov reform

CEO pay revolts

The UK government has signalled that it will taking a shareholder and stakeholder market-based approach to governance reform rather than introducing more rules on executive pay. According to early briefings reported in the on  Financial Times (FT) and Daily

GVC Holdings says it is responding to shareholder pay concerns

Shareholders in FTSE 250 company, GVC Holdings voted heavily against its remuneration report at its AGM this week (20th June). However, the betting firm voiced its commitment to engaging with shareholders and has recruited a new chair of its remuneration …

Morrisons: Remuneration report vote passed narrowly

Shareholders in Morrisons only narrowly backed the supermarket chain’s remuneration report at the AGM vote this week (15th June) with the proxy voting results showing that the company received a 48% vote against. However, the binding vote on its remuneration …

Upcoming Renault AGM results will be closely watched by investors

French carmaker Renault will be holding its AGM on 15th June and its voting results will be closely watched due to longstanding concerns about its governance and after its vote on pay was defeated last year.

The pay of Carl …