Mike Ashley does it again: stirring up controversy over a proposed bonus scheme for his future son-in-law.
ShareSoc director (and former remuneration consultant) Cliff Weight is quoted in this article in the Daily Mail:
Cliff Weight, of small shareholders campaign group Sharesoc, also questioned why Murray was worth his enormous pay package.
He raised concerns that Ashley would be able to ram the proposal through at an annual general meeting next month even if other investors resist.
‘This is clearly a case of a 60 per cent shareholder forcing something through – and of the non-executive directors who should be independent not doing their jobs and standing up for other investors,’ Weight said.