Spain saw the greatest opposition to remuneration-related resolutions, with 60.6% contested—an increase of 33.2% year on year.
Across Europe investors are unhappy about executive pay. Indeed, recent research reveals that the number of shareholder revolts (defined as a vote of 10% or more of stockholders) against remuneration policies has risen 18% year on year. Countries across Europe have also seen a hike in opposition to director appointments and share issuance. Domenic Brancati, European chief executive of Georgeson, the consultancy that compiled the latest sta