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More companies risk shareholder anger over excessive pay deals

Discussion in 'Market News' started by Lily, Apr 15, 2016.

  1. Lily

    Lily Forum Member

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    After votes against pay deals at BP and Smith & Nephew, investors are scrutinising other FTSE firms as discontent mounts

    Banks, miners, 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 meeting season on Thursday - when shareholders voted against pay deals at BP and Smith & Nephew – big 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

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