The story of the 2016 AGM season so far
Directors’ remuneration in FTSE 100 companies – initial findings and the reaction of shareholders
We are now well into the 2016 AGM season and the headlines on executive pay have been as relentless as ever. It is now four years since the 2012 ‘Shareholder Spring’ and whereas for the most part the issues of that season related to a small number of high profile companies, this year there is a real sense that a much broader spectrum of FTSE 100 companies are facing a tough time from shareholders.
This report takes stock of the season so far and assesses how shareholders are reacting to the remuneration arrangements being put forward for approval this year. We have also included some preliminary findings from our main report on directors’ remuneration in FTSE 100 companies, which will be published in the Autumn.