Shipping broker Clarksons notched up its eighth shareholder rebellion in a row after investors were left aghast by the chief executive's £12 million pay packet last year. It made him one of the highest paid bosses of any firm listed in LondonMore than 40 per cent of votes cast by investors at Clarksons's annual meeting opposed the firm's pay scheme. Clarksons said it appreciated the support from 'most' investors and will engage with them 'over the year ahead'. Last week two-thirds of shareholders at online trading group Plus 500 pushed back against the company's pay policy. Wealth manager St James's Place (SJP) faces a hostile reception at its annual meeting this week over the way it is run.

Source: Daily Mail May 12, 2024 08:48 UTC