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...