Nomination committees have been the poor relation of board committees, according to advisory firm, Ernst & Young (EY). However this appears to be changing as companies adapt to demands for a more professional approach to director recruitment and to scrutiny …
Read MoreThe Dutch corporate governance code monitoring committee is currently revising its country’s corporate governance code – first released in 2003 – following a consultation on the proposed changes which ended last month. The committee is expected to publish the finalised …
Read MoreMining group, Rio Tinto, which is dual-listed in the UK and Australia, avoided a large scale rebellion over its remuneration report although there was a higher level of dissension than in previous years. The voting results were announced following the …
Read MoreHas the UK’s pay simplification project hit the buffers before leaving the station?
Last week’s unprecedented result at the AGM of Weir plc – 72.3% against the remuneration policy vote and 72.24% agains the vote on LTIP amendments (both binding …
Read MoreShareholders have again showed their discontent over excessive executive pay packages with large votes opposing remuneration reports and policies. Engineering company Weir lost its binding vote on its remuneration policy – with a 72% vote against – while at building …
Read MoreA study of European companies, Realizing Europe’s Potential: Progress and Challenges, for the EU-backed European Women on Boards (EWoB) network has shown a steady rise in the number of women on their boards following the imposition of quotas in …
Read More- UK Pay for Performance not Fit for Purpose
- Increasing disparity between CEO & stakeholder rewards
- Scepticism and loss of public confidence in business
Coming in the wake of some large votes by UK shareholders against executive pay, the Executive Remuneration …
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