Also categorized in BoardNews:
Ford Fires CEO Mark Fields; Former Steelcase Chief Jim Hackett To Take Over
x hide permanently

Boardroom Excess? British Companies Stick with Bonus Plans Despite Criticism

Company News 16am EDT Boardroom excess? British companies stick with bonus plans despite criticism * Pressure grows to ditch long-term incentive plans * Most firms have renewed plans for three years * Some investors cautious on blanket ban By Simon Jessop LONDON, April 13 Pressure on British companies to ditch a common performance-related bonus scheme blamed for generating excessive executive pay has not stopped many firms from planning to stick with such schemes for another three years, a Reuters analysis shows. In theory so-called long-term incentive plans (LTIPs) aim to legitimately encourage management success in boosting shareholder returns. Yet a series of corporate ...

Mentions: Management Investors stock options