Tag: executive remuneration
Female non-executive directors ‘expect less pay’ than males
Female non-executives expect much lower pay than their male counterparts when looking for new roles, finds Norrie Johnston Recruitment.
Shareholder body advises against reappointment of Coca-Cola HBC chair
Shareholder advisory group PIRC says the drinks company’s current chairman can not be considered independent.
Investor representative pushes for vote against Shell remuneration
Investor advisers push for a vote against Shell’s remuneration report, citing performance and safety concerns.
Share buybacks: a question of governance?
The UK government is investigating share buybacks, but could capital allocation be a subject for more disclosure and the corporate governance code?
Redrow chairman slams mega-payout for Persimmon CEO
A bonus scheme for Persimmon’s CEO and senior managers has been heavily criticised by Redrow chairman Steve Morgan, who claims that it is “very, very wrong”.
Persimmon CEO defends bumper bonus scheme
Persimmon chief executive offers defence of bonus scheme that caused resignation of both chairman and remuneration committee chairman.
Persimmon chairmen resign over executive pay cap omission
Housebuilder loses its board chairman and remuneration committee chairman after admitting they could have introduced a cap to the company’s controversial long-term incentive plan.
Remuneration committees’ remit broadened under revised UK Code
Aligning wider workforce pay in relation to executive remuneration should be tasked to non-executives under a revised Corporate Governance Code, suggests the Financial Reporting Council.
Investors turn the screws over toned-down executive pay awards
The Investment Association releases its review of remuneration principles, warning FTSE350 companies that it expects the trend for toning down pay awards to continue into next year.
Former AA chairman Bob Mackenzie faces bonus repayment demand
Ousted chairman of the AA, Bob Mackenzie, faces demand to repay more than £1m in bonuses following disclosure of a second altercation.