Today’s FT leads with the news of Xtrata’s pay policy rebuff from shareholders as another example of shareholders flexing their muscules over pay for failure.

Despite a 35% fall in EPS in the past year, the Xstrata board proposed increases …

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It is only a few weeks since BP clashed with its shareholders about pay for its top executives at its annual meeting. Now Royal Dutch Shell appears to be heading in the same direction….

….  it will be the second …

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Just a year after approving a new share option programme, shareholders at Hellenic Exchanges (ATH:EXAE) are being asked at their AGM on 6 May to approve the repricing of share options granted during 2008.

The options were originally granted at …

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Belgium has announced an update to its 2004 comply or explain corporate governance code. The new code attempts to deal with some of the issues flagged up by the current economic crisis with a particular emphasis on  say on pay …

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Manifest’s North American partner, PROXYGovernance Inc has seen a trend by some US companies to adjust their pay components in response to the market drop and economic downturn – often by suspending long-term incentive pay in favor of more …

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At the AGM of Meggitt plc, shareholders will be asked to amend the period following the cessation of employment during which options under Part B of the plan (the part not Inland Revenue approved) may be exercised. It is proposed …

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The FSA’s new  draft code of remuneration code of practice has put good governance front and centre by insisting that remuneration is tied to effective risk management. The proposed policy is a follow-up to the letters written to the CEOs …

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Chrysalis is no stranger to director payoff issues, as reported in the Daily Telegraph last year. This year’s annual report is equally revealing.  During 2008 Michael Connole received compensation for loss of office of £410,000, while Richard Huntingford received compensation

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When it comes to incentive pay schemes, it’s rare to encounter a scheme that strays from the ‘tried and trusted’ EPS and TSR performance measures. Anything that seeks to focus to a significant degree on extra-financial performance measures is for …

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