remuneration policies, executive pay

21 August, 2019

Shareholders ‘don’t understand executive remuneration policies’

Shareholders may not understand executive remuneration policies when they are presented for approval, according to a new report.
Louis Vuitton sign, LVMH

30 May, 2019

Asset manager urges separation of chair and CEO roles

A major investment manager has called for companies to separate the roles of CEO and chair, and improve remuneration disclosure, after surveying the top companies across Europe.
Sir Angus Deaton

15 May, 2019

Governance and executive pay at heart of IFS Deaton inequalities review

The launch of a review exploring social inequalities in the UK has raised the issue of "weak governance" and executive pay deals that may be contributing to "deepening social and economic divides". ...
executive pay, pay, remuneration, pay ratios, corporate governance, finance

7 May, 2019

Investors fail to challenge CEO pay

Back in 2012 the UK was in the grip of a debate about executive pay. The coalition government of Conservatives and Liberal Democrats were determined to do something about it. Indeed, by 2013 UK shareh...
climate change

16 April, 2019

Shareholders focus attention on diversity and climate

If you are a company chair and fail to ensure your board is diverse you can bet some significant shareholders will now vote against your reappointment. That’s the message this week from Legal and...
executive pay, remuneration policies

14 August, 2018

Investors tougher on pay in latest voting season

The UK has seen a significant rise in the number of investor revolts against remuneration reports, according to figures published by Big Four accounting firm Deloitte. The news will support the vie...
Royal Mail

20 July, 2018

Shareholders reject Royal Mail’s remuneration report

Royal Mail yesterday saw one of the biggest shareholder revolts over a remuneration report of any company listed in the UK. Investors voted 70.17% against a report, which had included a "golden hel...
UK Corporate Governance Code

17 July, 2018

Investor urges boards to embrace worker representation set out by new code

Stronger representation of the workforce on the UK’s major company boards is one of the key highlights of the reconstituted Corporate Governance Code, according to commentators. The code sets out...
Sir Win Bischoff, FRC, Financial Reporting Council, corporate governance

16 July, 2018

Board chairs offered extension on nine-year terms in new code

Board chairs have been offered flexibility to serve beyond a nine-year term in the UK's new corporate governance code. Released on Monday this week, an earlier draft had been notable for provisions...
Carrefour, French business

26 June, 2018

Outgoing Carrefour chief gives up €4m of retirement package

Georges Plassat, who retired as chief executive of French supermarket group Carrefour in July 2017, has agreed to relinquish €4m of his retirement package after uproar from unions and harsh criticis...