Old Mutual faces shareholder revolt over 'unusual' CEO pay package

Proposed 1,000% of base salary

Anna Fedorova
Old Mutual faces shareholder revolt over 'unusual' CEO pay package

Old Mutual is facing a shareholder rebellion after the group proposed a pay package equal to 1,000% of the base salary for its chief executive.

Some of the company's largest shareholders said they are considering a vote against the proposed maximum pay package for Bruce Hemphill, quoting its "unusual nature and size", according to the Financial...

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