Drug maker and engineer not alone on day shareholders use AGMs to protest en masse against boardroom bonuses and payBoardroom bosses have received stinging rebukes over pay,with the engineering group Weir forced to abandon potential share awards for its top management team and Shire Pharmaceuticals failing to rep a majority of investors to support its pay deals. On a dramatic day in the annual general assembly season, the building materials group CRH also suffered a 40% vote against its pay policies as investors showed a renewed willingness to protest against large pay deals in scenes reminiscent of the 2012 shareholders’ spring.
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Source: theguardian.com