Following ShareSoc's recommendation to vote against the Remuneration Report at Anglo American, yesterday the company received 42% of shareholders votes AGAINST it. Other advisory bodies also recommended opposition and this is a significant snub to the board which they will have to do something about. The ShareSoc press release we issued is here: https://www.sharesoc.org/pr74angloamercian.html
The Investment Association which represents institutional investors has published a report which suggests that pay in public companies is "not fit for purpose" and needs reform. This has ...