Coronavirus Latest News

Executive pay: big names that fell foul of shareholders

From supermarket group Morrisons to mining giant Rio Tinto, investors have voted against boardroom payouts in the pandemic

The personal and financial sacrifices of many during the pandemic have cast a harsh light on executive pay excesses. Shareholders have delivered stinging rebukes to some of the UK’s best-known companies for failing to match the national mood.

The High Pay Centre, a campaign group, thinks big pay packets in the time of coronavirus could result in political pressure to give worker representatives a say on bosses’ pay.

Continue reading…

Read the original article at The Guardian

Related Articles

Back to top button
Close