executive pay, remuneration

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...

7 June, 2018

Female non-executive directors ‘expect less pay’ than males

Female non-executives are asking for much lower pay than their male counterparts, according to a new study. Research into the pay patterns of 6,000 senior operational staff and board members by Nor...
Coca-Cola

6 June, 2018

Shareholder body advises against reappointment of Coca-Cola HBC chair

Shareholders have been advised to vote against the reappointment of Coca-Cola HBC chairman Anastassis G. David ahead of the company's AGM. PIRC, the shareholder advisory group, said that David was ...
Shell

16 May, 2018

Investor representative pushes for vote against Shell remuneration

A key shareholder advisory firm has called on investors to vote against Royal Dutch Shell’s 2017 remuneration report, containing details of chief executive Ben van Beurden’s €9m (£7.9m) pay. ...
trading screen, shares, stocks, equities, institutional investors

26 February, 2018

Share buybacks: a question of governance?

The common practice of share buybacks is on the UK government’s agenda. In late January the department for business, energy and industrial strategy (BEIS) annou...
Persimmon

8 February, 2018

Redrow chairman slams mega-payout for Persimmon CEO

A huge bonus for Persimmon chief executive Jeff Fairburn has been lambasted by the chairman of rival housebuilder Redrow. Steve Morgan said that Persimmon's £110m bonus scheme, of which CEO Jeff F...