Investors expected to continue less flexible approach to remuneration
This year there was an increase in contested remuneration policy votes and contested remuneration report votes, says Daniele Vitale, head of governance for UK/Europe at Georgeson. There was also an increase in director elections contested. ‘About 5 percent [were contested], though that is still the lowest in Europe,’ he notes. ‘A few years ago, it was only about 1 percent. Executive remuneration figures have fallen for four years. Companies are making efforts to meet investor expectations,
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Mike Schnitzel
Mike Schnitzel is a freelance writer and editor based in New York. In addition to being a contributor to IR Magazine, he is the technical editor at Refinitiv Lipper and freelances regularly for many different outlets. His articles have appeared in...
