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Heated AGM season is underway as shareholders fight pay hikes for bosses - Vimarsana News

Heated AGM season is underway as shareholders fight pay hikes for bosses

Heated AGM season is underway as shareholders fight pay hikes for bosses AstraZeneca, Rio Tinto and Glencore are part of a long list of companies that are facing backlash over remuneration packages An unusually heated AGM season is underway in London as shareholders are protesting proposed pay hikes for bosses. Last year, only 5% of shareholders voted against pay reports in the UK on average, according to data provider Proxy Insight. But this year AstraZeneca PLC (LON:AZN) was just the last one on a long list as activist investors push fellow shareholders to block generous awards for reputati...

Security guards photographing public becoming increasingly common - Vimarsana News

Security guards photographing public becoming increasingly common

Security Association chief executive Gary Morrison said photographs were helpful for providing supporting evidence for incidents. "The security industry more and more frequently uses smart technology to take photos as evidential backup to the reports that they provide," Morrison said. MORNING REPORT/RNZ The police in Wairarapa have admitted to illegally taking photos of young people after RNZ alerted them to multiple reports of officers stopping and photographing young Māori on the street. (First published in December 2020) "So generally within the industry it is quite common practice - a...

Hostelworld investors revolt over executive pay - Vimarsana News

Hostelworld investors revolt over executive pay

Hostelworld investors revolt over executive pay Hostelworld’s Away Hostel in Lyon France.(Hostelworld/PA) More than a quarter of Hostelworld investors have rebelled against the pay deal for bosses at the pandemic-hit firm. The global hostel operator said that 29% of shareholder votes were cast against an amendment to its remuneration policy after generous incentive schemes were criticised. Shareholder advisory group ISS had recommended that investors vote against the deal due to the incentives and share awards for chief executive Gary Morrison and chief financial officer Caroline Sherry. Th...

US investor 'not planning' Hostelworld bid after building 13% stake - Vimarsana News

US investor 'not planning' Hostelworld bid after building 13% stake

  A US investor who has built up an almost 13 per cent stake in Hostelworld has said that he is not planning to bid for the online hostel booking company, which saw revenues and earnings slump last year amid international Covid-19 travel restrictions. Charles Jobson, co-founder of Boston-based hedge fund Delta Partners LLC, first disclosed a 4.5 per cent personal stake in Hostelworld last July and ended 2020 with a holding of in excess of 10 per cent. Hostelworld released a filing from Mr Jobson earlier this week revealing that he had crossed the 11 per cent and 12 per cent notifiable thres...

Covid 19 coronavirus: MIQ security guards still mostly contractors - Vimarsana News

Covid 19 coronavirus: MIQ security guards still mostly contractors

The Government has only been advertising for security roles in the last few weeks.