Shareholders in Morrisons only narrowly backed the supermarket chain’s remuneration report at the AGM vote this week (15th June) with the proxy voting results showing that the company received a 48% vote against. However, the binding vote on its remuneration …
Read MoreThe median pay of the 200 highest earning US chief executives (CEOs) rose to $16.9m in fiscal year 2016 according to the annual study of US CEO pay by advisory firm Equilar and those included on this list saw a …
Read MoreRoyal London Asset Management (RLAM), voiced concerns about the unusual remuneration and board structure of Glencore ahead of its May 24 AGM.
The voting results show RLAM’s concerns may have been shared by other shareholders. While all Glencore’s resolutions …
Read MoreThe UK’s general election campaign highlighted workers rights and representation as well as executive pay.
With the main parties launching their manifestos this week the Conservative Party reiterated its commitment, that appeared in the government’s corporate governance green paper…
Read MoreResponsible investment pressure group, ShareAction is calling on investors to oppose the executive pay policies of oil companies, Shell and BP, arguing that they are not aligned with the long-term interests of shareholders.
ShareAction said that the remuneration for
…
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Oil giant BP, which last year lost its advisory vote on its remuneration report at its AGM, has reduced the pay of its chief executive, Bob Dudley, and will propose a simpler pay policy to shareholders at this year’s …
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WPP, whose chief executive Sir Martin Sorrell last year caused headlines for a £70m pay package, has announced its final investment performance figures for its controversial long term incentive scheme, LEAP.
The WPP figures show that Sir Martin Sorrell …
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More evidence of board gender diversity challenges were recently revealed, this time in Singapore. Female directors at companies listed on the Singapore Stock Exchange (SGX) are paid 56.8% of male directors’ remuneration on average indicating a 43.2% pay gap according …
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The UK’s Purposeful Company Task force, set up by the Big Innovation Centre, has called for major changes in corporate governance, asset management and backed the Financial Reporting Council’s proposal for company’s to report on how directors are …
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