It's a revolt! City advisers lead backlash at Persimmon's Mr £131m boss Jeff Fairburn



Persimmon faces a shareholder revolt over fat-cat pay after its boss was dubbed 'Mr £131million' for the potential size of his bonus.
Advisory group Glass Lewis said investors should vote against the housebuilder's remuneration report at the annual general meeting on April 25.
And a leading fund manager with a stake in Persimmon said shareholders could vote against the reappointment of directors – including chief executive Jeff Fairburn.
'I haven't heard of anyone who wants to see him go but voting against the remuneration report will not be enough,' the investor told the Financial Times.... read more

 
4 April 2018 in Business, Views: 54
Source: Daily Mail
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