David Schwimmer, chief executive of LSE Group, stands to make twice as much as in 2022, according to a recent report.
Thinktank criticises the Financial Reporting Council for deleting ‘pretty tame’ measures related to ESG from the latest version.
Top CEOs will have earned more than a typical UK worker’s median annual pay by lunchtime on 4 January, thinktank estimates.
In the FTSE 350, the median chief executive’s pay was 57 times that of the median employee in 2022, up from 56:1 the previous year.
Very few investors use their AGM votes on executive pay as a spur to improve the company’s ESG performance, research shows.
High CEO pay is a ‘reputational risk’; IoD says ‘set your own agenda’; call for lawyers in boardrooms; gender-diverse boards report promptly.
FTSE 100 saw median pay for chief executives up 16% from 2021 to 2022, High Pay Centre think tank research shows.
Investors’ dissent is predicted to remain high for this year’s AGM season, according to the register of shareholder revolts.
Church of England investors to vote against oil directors; US civil unrest; FRC to probe Deloitte; are UK execs better off in the US?
According to the High Pay Centre, there is scant evidence that paying executives more will help the economy and companies should grow talent.