Aston Martin facing shareholder rebellion over CEO’s pay
Aston Martin shareholders are gearing up to rebel against executive pay just months after the firm’s £4.3bn initial public offering last year.
Several investors plan to reject chief executive Andy Palmer’s pay packet, according to Sky News. It comes after the world’s biggest proxy shareholder voting company, Institutional Shareholder Services (ISS), recommended investors oppose Aston Martin’s future pay policy.
In an investor report, ISS said: “The main concern with the proposed [remuneration] policy is the overall qu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...