Sentence examples for revised remuneration from inspiring English sources
Manifest is concerned that Lewis's incentives were awarded without shareholder approval, but Tesco will use its annual meeting to put a revised remuneration policy to the vote.
Mining company Anglo American reiterated it was "mindful" of shareholder concerns over executive pay, and pledged to consult them on a revised remuneration policy to ensure it was "both appropriate and motivational".
Anglo said the dialogue it had with many major shareholders leading up to the AGM had helped clarify the issues, and it would continue to sound out shareholders in the next six months ahead of the 2017 meeting, when a revised remuneration policy will be put to the vote.
The shareholder predicted there will be a significant vote against the revised pay package, and against remuneration committee chairman Jane Lighting, a former chief executive of broadcaster Five and of Flextech.
After last year's humiliating AGM defeat over the WPP chief executive's remuneration, Sorrell's revised pay and bonus package proved more acceptable to the company's shareholders at the 2013 meeting on Wednesday, with more than 70% voting to approve it.
Britain's financial watchdog must also revise its remuneration guidelines to reflect the more stringent E.U. law, including the use of contingent capital for bonus payments.
He will be replaced "shortly" by former Statoil boss Helge Lund, whose lucrative remuneration package was revised in December after a shareholder backlash.
The letter from Steve Russell, chairman of the remuneration committee, urges Network Rail's public members – a group set up as a watchdog for consumers' interests – to endorse the revised scheme that raises the directors' base salary and introduces "performance-related retention payments".
