CEOs backing new governance statement cause a stir

CEO pay hikes facing greater shareholder resistance


June 16, 2022

Investors of major US companies reject large executive packages

Large CEO pay hikes are coming under increased scrutiny with investors at major US companies rejecting generous executive pay packages in …

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GSK

GSK’s UK workers vote for industrial action over ‘derisory’ pay offer


April 29, 2022

The pay offer dispute comes after GSK made significant profits in 2021 and gave its CEO a 17% pay rise.

The UK workers of pharmaceutical giant …

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PLSA, Pension

Climate and diversity top 2022 UK pension agenda


February 25, 2022

UK pension funds will focus on climate change issues and corporate compliance with the Task Force on Climate-related Financial Disclosures (TCFD) in the 2022 proxy voting season.

The Pensions …

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SEC Headquarters

SEC looking to revive rule on exec pay disclosures


February 4, 2022

The Securities and Exchange Commission (SEC) is calling for public feedback on a proposed rule requiring companies to disclose links between corporate performance and executive compensation.

The …

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Australia, Banks, CBD

Climate-linked pay on the horizon for Australian banks, report claims


December 10, 2021

Australian bank leaders could see their pay linked in part to achieving climate goals as investors continue to increase the pressure on companies over environmental issues.

An …

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Board Gender Diversity in Europe

October 22, 2021

In the next article in Minerva’s Australia peak season preview series, we look at the issue of board diversity. 

The fourth edition of the Australian Stock Exchange’s Corporate Governance Principles strengthened its recommendations around board diversity. 

An …

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StanChart boss pay slashed 29%

StanChart boss pay slashed 29%

CEO Bill Winters’ pay packet has been reduced to £3.8m

The CEO of Standard Chartered has seen his pay packet slashed by 29% with the bank reporting heavy profit falls due to the fallout from

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COVID-19 Capital and Pay Response

As the COVID-19 pandemic continues to evolve and cause economic disruption UK-listed companies are taking action to support their balance sheets and provide financial flexibility. In particular, many companies have adjusted their approach to capital allocations with some also reviewing …

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Gender pay gap reporting petition gathers pace

The UK government has suspended gender pay gap reporting due to heightened uncertainty from the coronavirus crisis.

The decision has been made by the government’s Equalities Office and the Equality and Human Rights Commission to alleviate pressure on employers that …

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Total Remuneration Survey 2019

The annual Manifest Total Remuneration Survey is now out.

The average pay of the UK’s top CEOs has fallen by more than 10% to £5.1m, though concerns remain this figure is still too high.

The latest Manifest Total Remuneration Survey

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