The social cost of failed stewardship
“Eye-watering and unjustified CEO pay packages are corrosive of trust in business and threaten to undermine the public’s support for the way our economy operates.” That’s the conclusion of Rachel Reeves MP, …
AIM & remuneration disclosure: still room for improvement
Unlike their main market peers, AIM companies are not obliged to follow the detailed legislation surrounding executive pay practice. After AIM Rule 26 was changed in March 2018, they now just have …
Read MoreSage Group: pensions down, shareholdings up
FTSE 100-listed accountancy software provider Sage Group plc holds its 2019 AGM on 27 February at which a new remuneration policy will be put to the shareholder vote. The policy was last approved at …
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TUI AG: Board view deviations from UK governance practice as necessary
TUI AG holds its 2019 AGM on 12 February and shareholders will note deviations from certain UK good governance practices. This is due to TUI having a primary listing …
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PLSA Annual Voting Review 2018
As the 2019 AGM season approaches, the UK’s asset owner membership body, the PLSA has published its annual AGM Review. The report, which draws heavily on Minerva’s voting results and research data, highlights some …
Compass Group AGM: 37% dissent on “overboard” NED
At FTSE 100-listed Compass Group’s 2018 AGM significant shareholder dissent of 37% was recorded on the re-election of non-executive Ireena Vittal. The dissent was due to ‘overboarding’ concerns, that is …
Read MoreConnect Group: Internal control failings identified by the Board
FTSE SmallCap Connect Group has recently gone through a shake-up of its executive team following trading and operational concerns, internal control failings, and a fall in share price. In light of …
Read MoreITE Group to seek shareholder approval to amend remuneration policy
At FTSE SmallCap ITE Group’s upcoming AGM the board is seeking shareholder approval to amend its remuneration policy and Performance Share Plan (PSP) to allow for enhanced awards to be …
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