Page 13 - Bill Berman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Click the thumbs up > Pendragon chief executive Bill Berman will receive bonus payments criticised as being “out of tune” despite a 42.2% vote against the PLC’s director remuneration at today’s AGM. Shareholders attending the meeting this morning voted 41.04% against the re-election of non-executive director and  remuneration board chairman, Mark Wright, and 20.91% against the re-election of Berman to the board in a show of opposition against the payments. But all 17 resolutions tabled at the meeting were passed nontheless. The moves came as Pendragon were set to table t...

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5 people found this useful Pendragon partially credited the “high degree of protection” against ‘Lockdown 3’ offered by its new digital approach to car retail for a £10.8 million underlying profit in Q1. The AM100 PLC managed to deliver a year-on-year rise in underlying profit of 569.6% - from last year’s £2.3m loss – in the three-month period to March 31, a trading update published this morning (April 21) revealed. The £13.1m increase compares to the £3.4m profit improvement flagged by the group in January and March's 2020 annual financial results statement. Pendragon’s lik...