Shareholders Are Losing It Over High Executive Pay
The word on the street is that WPP head Sir Martin Sorrell is getting a huge pay raise, which could stir up controversy over executive pay. It’s an issue that’s rearing its head at a number of companies, particularly at banks. (Mediapost has info about executive pay at other holding companies.)
At Barclays, 27 percent of shareholders voted against a $19.5 million pay package for CEO Robert Diamond. Andrew Moss, CEO of insurance company Aviva, has turned
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