FINANCIAL TIMES
By Jean Eaglesham, Chief Political Correspondent
Published: October 23 2009 03:00 | Last updated: October 23 2009 03:00
EXTRACTS
The CBI yesterday issued a stark warning about the escalating level of executive pay, which it cited as a key factor in the “severe knock” business had suffered to its reputation in the recession.
The recommendation follows signs of increasing investor unrest over very high boardroom pay awards. Royal Dutch Shell last month unveiled a big boardroom shake-up designed to placate its biggest investors, after 59 per cent of shareholders in May voted against its remuneration report. The revolt was one of a number of protests against board decisions to pay directors bonuses, despite companies failing to meet performance targets.
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All conjured up by internet wizz, Nick Gill.
