1. UK: Royal Mail Suffers Shareholder Defeat Over Directors’ Pay

    UK: Royal Mail Suffers Shareholder Defeat Over Directors’ Pay

    Royal Mail shareholders have voted against the firm’s plan for directors’ pay after a row over a salary rise for its new Zurich-based boss. The directors’ remuneration report (DRR) was rejected in a vote declared at its annual general meeting in Sheffield on Thursday, with 70% of proxy shareholders voting against the package...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. Rico will use appropriate scheduled commercial flights when travelling directly between Zurich and London.
    2. It is not market practice for a departing director to receive a guaranteed bonus payment upon termination.
    3. The level of the former CEO's pension is not considered a compelling reason for a significantly higher base salary for a new executive director.
  3. Topics Mentioned