The 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 …
Read MoreThe 2016 AGM season started with major defeats for two FTSE100 companies. Last Thursday (14th April) oil giant BP and medical equipments supplier, Smith & Nephew saw their remuneration reports rejected by shareholders at their AGMs. At the BP AGM …
Read MorePersimmon seeks to blame proxy advisors for NED’s slim majority
Construction firm, Persimmon, faced significant opposition in the vote to elect Nigel Mills as one their non-executive directors. There was a 47% vote against Mills’ appointment, due to independence concerns, …
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