Pendragon shareholders revolt against pay deals for bosses
A total of 65.51% voted against approving the annual report on directors’ remuneration for 2021 at Pendragon’s AGM on Tuesday.
Source: aol.co.uk
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Pendragon parts company with remuneration committee chair Mike Wright
Pendragon remuneration committee chair Mike Wright has left the car retail PLC after it emerged that the business looked set to face a third successive AGM shareholder revolt over its leadership bonuses.
Source: am-online.com
Pendragon faces third consecutive shareholder revolt over leadership bonuses
Pendragon’s leadership team could be set to face another shareholder revolt over “inappropriate” financial bonuses – a year after their last showdown with investors.
Source: am-online.com
Pendragon to launch CarStore Experience Centre concept with Chesterfield opening
Pendragon will open the doors to its first CarStore Experience Centre this weekend as it targets “first-class in person experiences for any customer” with its reimagined used car retail division.
Source: am-online.com
Strong new and used car margins drove Pendragon's 73% Q1 profits boost
Pendragon’s push to “maximise margins” on its new and used car sales to mitigate against automotive supply constraints have helped deliver a 73.1% increase in Q1 pre-tax profits.
Source: am-online.com