Tesla shareholders approve Musk’s huge pay day
June 14, 2024
Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.
The …
Read More
AG Barr Shareholders Vote to Increase New CEO’s Pay
June 12, 2024
Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%, despite the company cutting almost 200 jobs in a strategy pivot earlier …
Read More
UK watchdog consults on sustainability governance frameworks
February 17, 2023
The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.
As part of its commitment to creating a policy approach …
Read More
Sunak tells UK executives to curtail their pay
November 18, 2022
Rishi Sunak has urged the UK’s top executives to demonstrate leadership during the cost-of-living crisis by showing “restraint” with their pay.
The British Prime Minister made the comments as …
Read More
Executive pay at Seven West Media found to be “erroneous”
November 11, 2022
Seven West Media (SWM) has had to reissue its 2022 remuneration report after discovering it was based on miscalculations by external consultants Ernst & Young (EY).
The …
Read More
Executive pay rebounds despite investor concerns
August 19, 2022
Executive pay has rebounded across public and private sectors over the course of 2021, an Australian Public Service Commission report has confirmed, despite the issue being front of mind for investors …
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 …
Read More
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 …
Read More
European banks factor ESG in remuneration packages
Ethics rather than profits may soon be the driving force behind a banker’s earnings
August 27, 2021
The majority of Europe’s biggest financial institutions already have in place – or will have soon …