The transport operator has announced a 99.4% vote in favour of a pay award that the advisory group opposed. Never mind: there’ll be another one along shortly
Stagecoach, the bus and train operator, has responded in unusually frank terms to a call for shareholders to oppose its remuneration report at this week’s annual general meeting.
Pirc, the shareholder advisory group, advised its clients to vote against the report on Friday, arguing that the £1.5m pay for Martin Griffiths, Stagecoach’s chief executive, is excessive and out of line with financial performance.
Source: The Guardian Circular Economy RSS