Almost one in five shareholders vote against remuneration report despite chairman Andrew Gould saying the new CEO’s £25m pay deal was necessary
BG Group investors have rebelled against the pay deal for the company’s boss, Helge Lund, after an annual meeting where the package, worth up to £25m, was branded “outrageous” by one shareholder.
Just under one in five failed to back the pay report and more than 15% opposed the re-election of Sir John Hood as chairman of the remuneration committee.
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