Annual General Meeting season: executive pay to be top of the agendaAnother shareholder spring? Execs, companies and institutional investors under pressure ahead of AGM season - City AM, UK
Highly-paid executives, companies and institutional investors are expected to come under increased scrutiny in the upcoming AGM season, with remuneration policies in the firing line, reports City AM commenting Morrow Sodali's Institutional Investor Survey 2017.
In January, the world’s largest asset manager, BlackRock, warned companies it will use its weight to vote down excessive executive pay. Meanwhile, a group of UK fund managers has agreed to club together to combat excessive pay. Morrow Sodali's Institutional Investor Survey 2017 found that executive pay is going to be top of the agenda for shareholders going into this year’s AGM season.