UK executive pay increases surpass US competitors

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The salary packages of the Great Britain’s CEOs have increased faster this year than the races of their American competitors as British companies to close the gap of the yawn.

Average Payment in FTSE 100 Companies: This year, they reported that this year increased by 11% to $ 6.5 million compared to the growth of 7.5% of US executive directors. The data is 320 S & P 500 companies reported until April 21.

The British citadel pays the figures compared to the United States, where it is more than $ 16 million, for another record high level, ISR-Corporate.

“It turns out that the pre-election campaign for the repayment of the Great Business and Supreme Executive Director is convinced by many shareholders,” said Ghukas Hildlard, director of the British Center for the UK. The US payment culture contributed to “very large economic inequality,” he said. “The people of business and finance really want to copy it in the UK.”

For years, the British PLCs have paid smaller stock bonuses compared to the competitiveness of London-listed companies. FTSE companies are now competing to catch quickly following bonus enhancements During the annual meetings this year.

CEO of GCM Emma Wallmslin
GSC has offered to raise the possible payment of CEO Emma Wallmsley annually, $ 28.6 million if he meets certain targets © JOIMI JOY / BLOOMBERG

The Pharmaceutical Group Group offered to raise the possible payment of the CEO Emma Wallmsley to $ 28.6 million if he reached certain targets. Shareholders are expected to support the offer at the Meeting of the Company’s May 7. In 2024 he was paid $ 15.3 million, says IST Data Data.

The shareholders have already confirmed the increase in the payment of Tadu Morocco’s chief Executive Officer of the British American Tobacco. He could receive up to $ 24.1 million If the company stimulates its yield and if its share of its shares rises as high as 50% in three years. According to ISS, he was paid $ 14.1 million.

The changes emphasize the shift to offer better payment packages for better performance and change of signal mood for supporting the British Chiefs more competitive.

The British Investment Association, a commercial group, last year reassured its position ExecutiveTo give companies more freedom to pay tailors to their circumstances. Instead, investors want companies pay support to their leaders against other groups.

Companies in the United States usually make up 70 percent of the remuneration, ISS reports. Although the chief executive directors’ bonuses contain measurements of financial activities, some companies pay even when the price of shares is down. This year, the CEO payment increased into 50 S & P 500, where the total return of the total shareholders last year decreased, ISS reports.

In May, the price of Sovim’s vaccine producer has fallen to its lowest level since March 202, 2020 as memorials of the epidemic. The company still awarded the Chief Financial Officer for one-time equity bonus and Chief Lawyer for Shannon Tom Clinger, which is $ 12 million.

These special awards were paid to “maintain and motivate these main leaders, particularly in the light of the fall of our shares,” said the documents regulating modern. Chief Executive Stefan Bank also increased to $ 19.9 million from $ 17 million.

Proxy Adviser Glass Lewis offers shareholders to vote for the Payment Plan for Contemporary Company at the April 30-year-old meeting of the company.

Moderna did not respond to comment requests.

In the conditions of increasing political tensions in the United States this year, investors are unlikely to “rebel.” [CEO] Pay, “said George Georgeev, a professor at the Emory University Legal School. Wednesday, Goldman Sach The shareholders confirmed $ 80 million bonus to both leaders, despite the support of nine years of falling.

“The asset leaders are going and goes to the regime,” Georgy said.

 
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