Aside from the few companies with later year-ends, the last couple of AGMs of the FTSE 100 were held last week, so now would seem an opportune time to summarise the outcomes and trends from the 2016 season. One hallmark of the season was that it appeared to be a re-run of the “shareholder spring” … Continue Reading
The High Pay Centre, well known in the UK for its opposition to the trend for higher executive pay, published its latest report on Wednesday. The catchy title “No Routine Riches” reflects the inevitable conclusions that the current approach to executive pay is misconceived. The main headline-catching recommendation is that companies should drop their LTIPs … Continue Reading
Without any FTSE100 companies’ DRRs being published or AGMs being held last week, interest in UK executive compensation activity came from a couple of other notable events. The World Cup, Wimbledon, the Tour de France, the British Grand Prix – and the approval of Mike Ashley’s incentive plan! – were all important sporting events taking … Continue Reading
Fidelity has issued a reminder (as reported by The Independent) that it expects shares obtained through UK LTIPs to be retained for at least 5 years from the grant of an award, even if the award vests after 3 years. There’s nothing new in this (see our previous post), but it will be interesting to see how Fidelity takes … Continue Reading
