Anglo American axes bumper pay plan ahead of vote mining Anglo American has shelved plans to give its top executives a bumper payday if it completes its planned $50bn (£38bn) megamerger with Canada’s Teck, in a dramatic climbdown ahead of a shareholder vote on Tuesday. The FTSE 100 mining behemoth had sought investor approval for a motion to pay chief executive Duncan Wanblad a £8.5m [...]
If proxy advisers can rattle Jamie Dimon, what chance do smaller firms stand? Opinion The power of proxy advisers has been enough to disturb big firms like JP Morgan and Astrazeneca, so what hope do the smaller players have?
Proxy battle fails to erupt as investors wave through FTSE 350 payouts BUSINESS The battle over paypackets for London’s top bosses failed to materialise in the opening months of the year as investors snubbed proxy firms and waved through bigger salaries for executives, new data suggests.