Housebuilder scrapes past shareholder protest over chief executive’s £75m bonus
Persimmon wants to "draw a line" under the bonus scandal that awarded chief executive Jeff Fairburn £110m after it scraped through a shareholder vote.
At the York housebuilder's annual general meeting, 51.5% approved the remuneration report - although nearly one-third of votes were withheld.
That was despite Fairburn already agreeing to reduce his reward to £75m.
However Euan Stirling, global head of stewardship at Aberdeen Standard Investments, told Persimmon's AGM this voluntary reduction "does not even get close to a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
