Sky News has learnt that International Airlines Group (IAG) is braced for a substantial rebellion at its annual meeting next month after Glass Lewis, one of the major proxy voting agencies, recommended that investors vote against its pay policy
Lidl is cheapest supermarket for basket - Asda for big shop; interest UK pays on debt to 'soar' in June | Cost of living latest
While IAG adhered to this level of discount last year, it is now seeking to increase the RSP grant again.IAG benefited from hundreds of millions of pounds of taxpayer support during the COVID-19 crisis, while it also suspended dividends and raised funds from the sale of new shares to investors. Recent reports suggested that Sean Doyle, BA's relatively new chief executive, was under intense pressure to improve the carrier's performance, although he is unlikely to leave in the short term, according to industry executives.
"He did not receive his long-term incentive and his 2020 bonus, [and he] decided to forego his £900,000 bonus in 2021 in addition to undertaking voluntary salary reductions in 2020 and 2021.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ederson and Alisson share Premier League Golden Glove awardThe Brazilian pair kept 20 clean sheets apiece in the 2021/22 campaign
Read more »
Son and Salah share Premier League Golden Boot awardBoth players found the net on the final day to ensure the award was split
Read more »
Kendall Jenner struggles to walk up stairs in a skintight dressOn Sunday, cosmetics company owner Kylie, 24, shared a video of her older sister Kendall, 26, trying to navigate a steep staircase in a skintight floral dress.
Read more »
GB News: Trade unions slammed over plans for huge summer rail strike 'Read the room!'TRADE UNIONS have been slammed on GB News over plans for the 'biggest rail strike in modern history' despite the country already facing severe financial hardship.
Read more »