Informa faces shareholder revolt against £2.7m CEO pay package
by from World news | The Guardian on (#60EE6)
Investors vote against company's remuneration policy for third consecutive year
Informa, the FTSE 100 events business, has suffered a bruising shareholder revolt against a 2.7m pay package handed to its chief executive Lord Carter, the former Ofcom boss and aide to Gordon Brown.
More than 70% of investors voted against Informa's remuneration report at the company's annual meeting in London on Thursday. It is the third consecutive year that shareholders have voted against an aspect of the company's pay policy.
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