Tuesday, July 22, 2014

FTSE100 CEO pay falls again as Vince Cable makes an impact

The Manifest–MM&K Annual Survey of Executive Pay shows that the Shareholder Spring has clearly had an effect on remuneration committee thinking. This has been galvanized by regulatory intervention to reinforce investors actions…

The latest survey hows that top pay awards [for FTSE100 CEOs] have reduced for two consecutive years: by -7% in 2013 and -5% in 2012. The findings are from research and analysis of the latest annual reports of FTSE100 companies…

Regulatory intervention has had a galvanising effect. Vince Cable’s efforts and threats of further legislation have helped in the reduction in CEO pay.

We are grateful to Mark Pack for this.
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