After votes against pay deals at BP and Smith & Nephew,investors are scrutinising other FTSE firms as discontent mountsBanks, miners, or energy groups and building materials specialists are among companies in shareholders’ sights as discontent mounts over exorbitant pay deals for boardroom bosses.
After an explosive start to the annual general assembly season on Thursday - when shareholders voted against pay deals at BP and Smith & Nephew – substantial City investors are now scrutinising pay deals at FTSE companies such as mining company Anglo American,building products group CRH and advertising firm WPP. Related: BP shareholders revolt against CEO’s £14m pay package Related: Executive pay up almost 6% according to thinktank analysis Continue reading...
Source: theguardian.com