Branch² Intelligence
Burberry boss faces shareholder revolt over bumper £9.4m pay package
Key takeaway
Burberry faces shareholder revolt over CEO bonus package up to £9.4m, ISS advises against.
- Step 1ISS advises against CEO bonus package, amplifying shareholder dissent.
- Step 2High-profile revolt raises governance risk premium for Burberry equity.
- Step 3Burberry may tighten supplier payment terms or cut costs to offset higher capital costs, affecting UK luxury SMEs.
Source: City A.M.
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