Standard Life's Skeoch faces shareholder revolt over pay package
Shareholders voted at latest AGM
Nearly a quarter of Standard Life's shareholders have voted against the firm's remuneration report at its AGM, despite chief executive Keith Skeoch offering to take a pay cut last week.
According to Reuters, Standard Life's chairman Gerry Grimstone said the company's move towards asset management and away from insurance has put more pressure on it to offer higher pay packages. "Pay...
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