CHESHUNT, England — A shareholder campaign protesting the executive pay at Tesco here failed to garner a majority of votes, the company said at its annual meeting on Friday. Preliminary results showed that 38% of shareholders cast their votes against the executive remuneration plan, Tesco said, meaning that the pay plan would be approved. CtW Investment Group, a Tesco shareholder affiliated with the Change to Win union coalition, had campaigned against the pay package, citing in particular ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.