Burberry investors support CEO pay boost
Burberry investors support CEO pay boost LONDON, July 15 (Reuters) - Burberry BRBY.L investors on Wednesday supported an executive pay overhaul allowing CEO Joshua Schulman to get much bigger share awards, significantly increasing his compensation if performance and share price targets are met.
However, 37% of the votes cast at the company's annual general meeting were against the change.
(Reporting by Helen Reid and Yamini Kalia)
Recent news on Burberry
See all newsBrief: Frasers Group Discloses 6.05% Stake In Burberry As Of Oct 16 Versus Prior Stake Of 7.4%
Holding(s) in Company
Focus: Cherry or tabasco? Perfumers test weight-loss drug users' appetite for food-inspired scents
Frasers increases Burberry stake again as it expands luxury interests (updated)
Frasers increases Burberry stake again as it expands luxury interests