Reported about 15 hours ago
This year, investor opposition to executive pay plans among Europe's largest companies surged by 23%, with 37.9% of firms facing over 10% dissent, especially from Spain. Major companies like InterContinental Hotels Group and UniCredit faced significant pushback, indicating a shift towards confrontational voting against future compensation structures. This trend highlights growing investor demands for better alignment between executive pay and company performance.
Source: YAHOO