‘Shareholder spring’ dents FTSE100 remuneration rise
A second “shareholder spring” in 2016 saw more modest remuneration among the FTSE100 in 2017, but FTSE250 investors took umbrage at director salaries this time around.
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A reprise of the "shareholder spring" last year has seen more modest remuneration for the UK’s top company directors, according to research from the Investment Association. However, dissent among the lower echelons of the stock market is more prevalent.
There was a 35% decrease in 2017 remuneration resolutions that received more than 20% in dissenting votes among the FTSE100.
However, FTSE250 companies saw a 100% increase in dissent of more than 20% against remuneration in 2017, compared with a year earlier.
Companies within the FTSE350 saw a 300% increase in votes against a director re-election. Six companies in the FTSE350 withdr
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