Executive pay is expected to dominate the agendas ahead of the Annual meeting seasonPoor financial performance key driver for investor support for UK activist campaigns - IR Magazine, UK
"In the UK, executive pay is expected to once again dominate the agendas for both investors and companies ahead of the AGM season. Since the introduction of the binding vote on remuneration policies three years ago, this is the first time UK companies are required to renew their policies," said Reza Eftekhari, Director at Morrow Sodali, on IR Magazine.
A week after Morrow Sodali's Institutional Investor Survey results' publication, Reza Eftekhari commented the main highlights.
"While many companies are expected to make some adjustments to their current policies, the structure of their executive pay is expected to remain largely unchanged. This might seem to be a safe approach but just because their policy worked three years ago, it doesn’t mean it would still be relevant and in line with the market’s best practice today."