Subscribe to the ii YouTube channel and catch all our latest interviews and video contentįormer interim chief executive Stuart Simpson, who left the company at the end of January, and the recently promoted finance chief Mick Jeavons, were the executive directors to miss out.Top 20 most-bought UK shares in Q2 2021.More Royal Mail upgrades and a FTSE 250 promotion hopeful.Other reasons for not paying a bonus to executive directors and senior managers included the suspension of the final dividend in 2019/20 and the loss of 2,000 jobs in a restructuring. Operating profits still rose 116% in the year, while shares jumped 300% to above 500p, as online shopping trends and a long-awaited agreement with the Communication Workers Union on operational change and pay considerably improved the outlook. The letters and parcels delivery firm said the decision reflected quality of service issues, the slower than expected pace of the company's transformation and the fact that performance was aided by one-off contracts to support the Covid-19 testing programme. Royal Mail (Wednesday, 21 July)Ī vastly improved performance by Royal Mail in terms of share price and operating profit was not enough to trigger bonus payments for executive directors in 2020/21. Other AGMs taking place next week include Experian (LSE:EXPN) and Bloomsbury Publishing (LSE:BMY) on Wednesday and SSE (LSE:SSE) and Pennon Group (LSE:PNN) on Thursday. Royal Mail (LSE:RMG) also enjoyed a strong share price performance last year, but as shareholders will hear at Wednesday's AGM, there has been no bonus for executives due to concerns about service standards and the slow pace of operational change. Take control of your retirement planning with our award-winning, low-cost personal pension.Make a difference and use your vote this AGM season.Shares for the future: everything you need to know. It has recommended that Halma shareholders vote against the company's new remuneration policy at Thursday's AGM. Voting advisory group Glass Lewis argues, however, that the package on offer for boss Andrew Williams is excessive in the current climate. Halma believes the 34% salary increase, planned across two years to £900,000 by 2023, is necessary as the conglomerate is now firmly established in the FTSE 100 index and needs to ensure it has incentives in place to retain its top staff. Which one do you think it is?Ī record of stock market outperformance is unlikely to mean Halma (LSE:HLMA) gets an easy ride when it asks shareholders to approve a big pay rise for its chief executive next week. There are recommendations that shareholders vote against one of these pay deals.
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