GAM fights off pressure over remuneration policy at AGM
Board discharge fails to pass
GAM under pressure at AGM
Investors approved all resolutions at GAM's annual general meeting (AGM) yesterday (8 May) with 72.1% of shareholders backing the firm's compensation report despite opposition from proxy adviser Institutional Shareholder Services (ISS).
ISS had encouraged members to vote against the non-binding consultative vote in a report which raised a number of concerns, such as the variable compensation model applied to GAM's executives other than...
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