Financial Times FT.com

Investors turn militant over director pay

By Kate Burgess in London

Published: May 5 2009 20:34 | Last updated: May 5 2009 20:34

The shareholder voting season across Europe is just getting into full swing but already the militancy of investors is noticeable in the wake of the financial crisis.

Protest votes on payXstrata suffered a stinging protest by shareholders over its pay policies on Tuesday as more than a third of votes cast on its remuneration report at its annual meeting failed to back it.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this