Country Life publisher reeling after shareholder revolt over executive pay

Future’s shares tumble as investors vote down scheme in which CEO could be awarded £40mFuture, the UK’s biggest magazine publisher that is home to titles from Country Life to Metal Hammer, has been forced into an embarrassing sit-down with investors after a bruising shareholder revolt in which 60% failed to support its annual pay report – including a controversial bonus scheme in which its chief executive could be awarded £40m.The board of London-listed Future has been forced to initiate a new consultation process with shareholders after failing to gain the 50% support required to pass its report on remuneration at the company’s annual general meeting on Thursday. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-02-03 16:27:30 UTC ]
News tagged with: #shareholder revolt #executive pay #country life #metal hammer #magazine publisher

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'Glass Closet': The double life of a gay chief executive

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[ Los Angeles Times | 2014-05-31 00:00:00 UTC ]
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[ Publishers Weekly | 2014-04-04 00:00:00 UTC ]
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At Orion Party, Publisher Praises E-sales to 179 Countries

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[ Publishing Perspectives | 2014-03-14 00:00:00 UTC ]
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Online Publisher’s Association Announces New Executive Officers

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[ Folio Magazine | 2014-03-01 00:00:00 UTC ]
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When Publishers Pay for Video Ad Views

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[ Digiday | 2014-02-10 00:00:00 UTC ]
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[ AllThingsD | 2013-10-26 00:00:00 UTC ]
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[ Engadget | 2013-05-22 00:00:00 UTC ]
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