Yesterday (3/6/2015), I attended the Annual General Meeting of Sprue Aegis (SPRP). Before discussing what was said at that meeting, it's worth reviewing a recently issued report by the High Pay Centre entitled "No Routine Riches". It's a devastating critique of how the existing systems of "performance related pay" for directors has worked.
To quote from the report: "We have looked at the growing complexity of awards that has pushed directors’ pay into the stratosphere, and found there is little discernible link ...