Burberry faces revolt over £4m boss bonus package

Burberry faces revolt over £4m boss bonus package

Burberry is bracing for a shareholder revolt over a new pay package which could hand the fashion house’s boss nearly £4m in extra bonuses. The British fashion house, known for its iconic trench coat and checked scarves, wants to change its bonus pay structure to allow it to hand chief executive Joshua Schulman a shares bonus worth as much as 300 per cent of his salary.  This has attracted the ire of Institutional Shareholder Services (ISS), the …