US EditionShareholders vote against high pay
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Shareholders vote against high pay
Save Halfway through the FTSE 350 AGMs, companies are sustaining three times as many significant votes against executive pay than last year. Figures from shareholder advisers Georgeson show that 9% of the FTSE 350 annual general meetings so far have seen votes against remuneration reports of 20% or more. At this time last year, the figures was 2.6%. Georgeson notes that many companies are proposing bigger pay packages this year. Daniel Veazey, G…
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