This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

All FTSE-100 CEO Pay Too High

ShareSoc Director Cliff Weight was interviewed on Bloomberg this morning (prior to the WPP Annual General Meeting). He suggested all FTSE-100 CEO pay was too high and it was damaging shareholder returns.

Click on this link to see the video: http://www.bloomberg.com/news/videos/2016-06-08/all-ftse-100-ceo-pay-too-high-says-weight

ShareSoc previously issued this press release on pay at WPP: https://www.sharesoc.org/pr79-wpp-remuneration.html and advised shareholders to vote against the Remuneration Report at the AGM. We have also recently issued our Guidelines for Remuneration in public companies which suggested pay is generally excessive in larger companies and needs to be substantially reduced.

Roger Lawson

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