CEO in face mask

5 August, 2020

Covid-19: cuts to executive pay ‘mainly superficial or short term’

Despite widespread reports of Covid-19 prompting a rethink on executive pay, fresh research suggests the pandemic has had only a passing effect. A new report concludes that only 36 companies in the...
UK sterling coins

7 May, 2020

Quarter of FTSE 100 companies cut executive pay

New analysis reveals just how significant the role of executive pay has been in the corporate response to the Covid-19 crisis. Analysis by
Executive pay, remuneration, high pay, ethics

6 January, 2020

FTSE 100 CEOs ‘earn average worker’s annual salary in three days’

It’s New Year and one of the first governance issues to emerge is executive pay. Think tank the High Pay Centre and the CIPD, a professional body for HR specialists, calculate that the “typical”...
remuneration, remco, pay, CEO pay, employee pay

19 August, 2019

FTSE 100 CEO pay falls as investors retain focus on remuneration policy

Median chief executive pay has fallen in the FTSE 100, according to new figures. Research from Deloitte claims median pay dropped from £4m to £3.4m in 2018, while the number of companies facing l...
executive pay

27 April, 2018

Weir Group’s pay reforms could be ‘model for other companies’

The introduction of long-term share-based incentives for executives at Weir Group, one of the UK's largest engineering outfits, "could be a model for other companies", according to the chairman of the...
Statoil, Troll A oil platform

13 April, 2018

Norway’s oil fund backs closure of LTIPs at Weir

Norway's state pension fund, the world's largest sovereign fund, has backed moves by UK engineering group Weir to drop long-term incentive plans (LTIPs) for executives. The
Persimmon

23 February, 2018

Persimmon’s mega executive payouts curbed by 50%

Mega payouts lined up for Persimmon executives due to an unfettered bonus scheme have been reined in, the housebuilder has confirmed. After drawing criticism from a range of quarters for the scheme...
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...
Persimmon

10 January, 2018

Persimmon CEO defends bumper bonus scheme

The chief executive of housebuilder Persimmon has defended a widely criticised remuneration scheme that will give him a bonus of more than £100m. Persimmon's chairman Nicholas Wrigley, and remuner...
Persimmon

15 December, 2017

Persimmon chairmen resign over executive pay cap omission

[caption id="attachment_6672" align="alignleft" width="300"]