United Drug has followed the lead of DCC in proposing a vote on its remuneration report as a separate voting item at its upcoming AGM on 9 February. The notice of meeting acknowledges that there is no legal obligation on …
Read MoreThe Wall Street Journal and Financial News have picked up Manifest’s recent article on remuneration report defeats. As highlighted in our posting on the Punch Taverns they joined a select list of five FTSE All Share companies to have seen …
Read MoreSir David Walker’s review of the governance of UK banks, commissioned by Prime Minister Gordon Brown, has published 39 recommendations aimed at improving the governance of banks and other big financial institutions (BOFIs). The aim of the report was to …
Read MoreManifest’s annual review of executive remuneration trendshas now been published and has received a positive response from a variety of market commentators including Robert Peston for BBC’s News at 10 and the BBC World Service’s European Business News.
This …
Read MoreAt today’s AGM of Tomkins plc (FTSE 250 constituent), only 38.8% of shareholders voted in favour of the remuneration report resolution. Measured in terms of dissent (61.2%), the rebellion against the remuneration report ranks just outside the top ten all-time …
Read MoreThe advisory vote on the remuneration report at AGM of OZ Minerals on 11 June is expected to see a very significant protest vote following the AU$10m severance payment received by former Oxiana CEO, Owen Hegarty, during the year. The …
Read MoreMears Group, which moved its listing from AIM to the Official List in June 2008, has fallen significantly short of the requirements of the UK Companies Act in the drafting of its remuneration report for the 2008 financial year.…
Read MoreRoyal Dutch Shell today suffered one of the UK’s all time biggest ever shareholder revolts with a 57.1% vote Against the remuneration report vote. Since the introduction of the Directors Remuneration Report Regulations in 2002 only two other FTSE100 companies …
Read MoreManifest this week requisitioned a say on pay shareholder resolution at the Bank of Ireland and four more leading Irish listed companies: DCC; Elan; C&C Group; and Independent News & Media.
As the course of this year’s European proxy season …
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