Shell Braces Itself for Angry Shareholders
Thursday, May 21, 2009 17:02Posted in category News
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Shell will face a groundswell of investor opposition to its executive pay plans. Several leading investors have signlalled that they will vote against the Anglo-Dutch oil group at its annual meeting in The Hague.
They believe that She’’ls policy of allocating tens of thousands of shares to executive directors in spite of missing a key performance target could be flouting best governance practice.
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