Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus Transport and infrastructure Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Games Workshop suffers major shareholder revolt after top bosses handed huge bonuses Retail Warhammer maker Games Workshop has suffered a major shareholder revolt after handing millions in bonuses to its top bosses. The Nottingham-headquartered company saw almost 21 per cent vote against its remuneration report and nearly 27 per cent vote against its remuneration policy at its AGM today (Wednesday, 18 September). Following record sales and pre-tax profit [...]
Deliveroo: Boss Will Shu in £15m pay day after selling millions of shares Retail The chief executive and co-founder of Deliveroo has received a pay day of almost £15m after selling more than 9m shares in the London-listed company. Will Shu has disposed of 9.4m shares worth £14.8m between 12 September and 16 September to “cover personal property investments”. Following the sell off, Shu retains 95.8m shares in Deliveroo. [...]
Rolls-Royce chief’s £40m payday may be justified – here’s why August 14, 2024 The FTSE 100 executive could be set for as much as £40m via a combination of remuneration and the company's soaring share price.
Wizz Air faces shareholder row over £15m exec payout plan June 23, 2024 Wizz Air is facing yet another shareholder row over plans to pay out millions to top executives without any performance strings.
How much is too much? The CEO pay predicament April 23, 2024 A growing number of London-listed companies have been asking shareholders to approve radical pay rises for their top execs. Why?