More than a third of votes were cast against the package for Pascal Soriot, called ‘excessive’ by someAstraZeneca has suffered a major shareholder rebellion against a controversial £18.7m pay packet for the pharmaceutical company’s chief executive, Pascal Soriot, with more than a third of the votes cast opposing the deal.At its annual meeting in London, 35.5% rejected the company’s remuneration policy,rising to 38.5% including withheld votes. In addition 34.7% voted against amendments to the company’s performance share plan. Continue reading…
Source link : https://www.theguardian.com/business/2024/apr/11/astrazeneca-dividend-before-vote-boss-pay-deal-pascal-soriot
Author : Jack Simpson
Publish date : 2024-04-11 19:14:47
Copyright for syndicated content belongs to the linked Source.