ISS and Glass Lewis have recommended shareholders vote against the FTSE 250 telecoms company’s remuneration report at its annual meeting tomorrowShareholder adviser groups have raised concerns about the payment of almost £1 million in one-off executive bonuses at Talktalk and taken issue again with a lack of independence on the board. ISS and Glass Lewis have recommended shareholders vote against the FTSE 250 telecoms company’s remuneration report at its annual meeting tomorrow. ISS has also opposed the re-election of Sir Charles Dunstone, Talktalk’s executive chairman and founder, and of three non-executive directors, including John Gildersleeve, chairman of the remuneration committee. Tristis Harrison, chief executive, was given a one-off bonus of £510,000 last year, which doubled her earnings JOEL GOODMAN FOR THE TIMESTalktalk this year paid Tristia Harrison, its chief executive, a one-off bonus of £510,000 and Kate Ferry, its chief financial officer, a bonus of £408,000, which doubled their earnings last year. The bonuses formed part of a discretionary £15 million payment to reward executives

Source: The Times July 19, 2020 23:03 UTC