September 26, 2020
Uncategorized

One in three Burberry shareholders revolt against executive pay deal

Biggest rebellion since 2014 as investors attack multimillion-pound deals and share awards for Christopher Bailey and finance chief Julie Brown

A third of Burberry’s shareholders have failed to back the luxury brand’s remuneration report in a protest over high pay.

Investors representing just over 32% of voting shares rejected the report with more investors withholding their votes despite recent attempts to appease their anger by reducing overall pay deals.

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