Lloyds shareholders told to rebuff £11.5m pay package for bank's boss
by Jill Treanor from Economics | The Guardian on (#8V6J)
Pirc claims pay deal for Lloyds Banking Group chief Antonio Horta-Osorio is 'highly excessive' in runup to bank's AGM on Thursday
Shareholders in Lloyds Banking Group are being urged to vote against a "highly excessive" 11.5m pay deal for Antonio Horta-Osorio, the boss of the bailed-out bank.
The call from Pirc, a leading advisory service on corporate governance for major investors, came before the bank's annual general meeting on Thursday.
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