Cevian urges UK companies to raise board pay to strengthen governance and growt

Cevian urges UK companies to raise board pay to strengthen governance and growt

Activist investor Cevian Capital is calling for a substantial increase in remuneration for non-executive directors at UK-listed companies, arguing that better pay and greater share ownership are needed to attract stronger boardroom talent and help reverse the decline of the London equity market, according to a report by the Financial Times. Cevian, which holds investments including stakes in Smith & Nephew and Pearson, wants UK companies to incr…