Shell Shareholders Advised to Oppose CEO’s Pay, Telegraph Says
By Grant Smith -
2012-05-20T10:11:32Z
Royal Dutch Shell Plc (RDSA)’s shareholders were urged by corporate-governance adviser Pensions and Investment Research Consultants to block a pay increase being awarded to Chief Executive Officer Peter Voser, the Sunday Telegraph reported, citing a report by PIRC.
The report described Voser’s 4.5 million pound ($7.1 million) remuneration package as excessive, the Telegraph said.
To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net
To contact the editor responsible for this story: Stephen Voss on sev@bloomberg.net
Sponsored Link

Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.