The insurer and institutional investor Legal & General plc (L&G), had to correct its annual report pay figures for chief executive, Nigel Wilson, on the eve of its AGM last week (26th May).
L&G, whose investment division LGIM is active …
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 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 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 MoreAnticipation that the US Securities and Exchange Commission is due to finalise three remaining Dodd-Frank Wall Street Reform and Consumer Protection Act compensation rules as well as recent rulings from Delaware Courts will keep executive pay in the spotlight during …
Read MoreWith the peak AGM season taking place in the next two months, Manifest’s analysis suggests investors may be concerned about the remuneration practices at some of the UK’s biggest companies holding their AGMs on 14th April.
Mining company, Rio Tinto …
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