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Executive Pay

  • Tuesday, 9 July, 2024
    Thames Water
    Thames Water chief defends bonus amid plan for hefty bill increases

    Struggling utility appeals to regulator Ofwat to approve new business plan

    A rear view of a Thames Water worker with the company logo on the back of his high-visibility top
  • Monday, 8 July, 2024
    Tesla Inc
    Tesla and Musk antagonists face off over multibillion-dollar lawyer fee

    Counsel for EV company and shareholder who sued its board swap ‘real-life lawyer joke’ and ‘clown show’ barbs

  • Monday, 1 July, 2024
    Bank bonuses
    Morgan Stanley to join Goldman and JPMorgan in scrapping UK bonus cap

    Group is latest Wall Street lender to change pay policy after curbs dropped in post-Brexit push to boost City of London

    Morgan Stanley’s UK headquarters in Canary Wharf
  • Sunday, 30 June, 2024
    UK-US CEO pay gap widens as FTSE bosses’ remuneration stagnates

    Latest data comes as debate in the City of London over ability of companies to attract top executives intensifies

    Businesspeople in a boardroom
  • Wednesday, 26 June, 2024
    LexNomura Holdings Inc
    Nomura’s record payday will not change Japan’s pay culture Premium content

    Country has an unspoken limit on how high banker pay can go before sparking public disapproval

    A pedestrian walks past Nomura signage outside its headquarters in Tokyo, Japan
  • Wednesday, 26 June, 2024
    Nomura Holdings Inc
    Nomura hands British banker record $12mn pay award

    Christopher Willcox earned over 3 times the amount made by the Japanese bank’s chief executive

    Christopher Willcox
  • Wednesday, 19 June, 2024
    Bank bonuses
    JPMorgan follows Goldman in lifting UK bonus cap

    Employees of Wall Street bank’s British operations will now be able to earn up to 10-times base salary

    A man walks into the JP Morgan headquarters at Canary Wharf in London
  • Sunday, 16 June, 2024
    Special ReportBusiness Education: Financial Training
    Business school teaching case study: executive pay and shareholder democracy

    Prof Winfried Ruigrok of St Gallen university examines the contentious issue of CEO remuneration

    A group of journalists holding microphones surround a suited man with a solemn expression as he walks down a hallway
  • Sunday, 16 June, 2024
    The FT ViewThe editorial board
    Elon Musk defies gravity

    Tesla shareholders back his pay deal, but he should not overplay his hand

    Elon Musk speaking during the Tesla 2024 Annual Shareholder Meeting
  • Sunday, 16 June, 2024
    US executive pay rises at fastest rate in 14 years

    Figures follow Elon Musk’s triumph over record $56bn Tesla package

    This illustration image created shows Elon Musk’s campaign launched on X ahead of Tesla shareholders meeting in front of his picture on a screen
  • Friday, 14 June, 2024
    Tesco PLC
    Tesco boss says he is ‘well paid’ as investors back £10mn package

    Shareholder vote on Ken Murphy’s pay comes as executive remuneration is in the spotlight

    Tesco chief executive Ken Murphy
  • Friday, 14 June, 2024
    Tesla Inc
    Tesla shareholders approve Elon Musk’s record pay deal and move to Texas

    Vote a vindication for head of electric-car maker following Delaware court ruling that struck down 2018 package

    Elon Musk
  • Tuesday, 11 June, 2024
    Utilities
    Severn Trent chief’s pay package rises to £3.2mn despite pollution fine

    The listed water company has proposed a 36% increase to customer bills

    Liv Garfield
  • Monday, 10 June, 2024
    Lex
    Executive pay gap emboldens want-away UK companies Premium content

    S&P 500 executives pocket about three times what their peers do in the FTSE 100

    A union jack flag flutters in front of skyscrapers in the City of London
  • Monday, 10 June, 2024
    Tesla Inc
    Why the Tesla shareholder vote won’t be the end of Musk’s Delaware fight

    A dispute over CEO’s record pay package has rattled the corporate bar — and it could be heading for uncharted legal territory

    Montage of Elon Musk, a Tesla logo and exterior of Delaware’s Court of Chancery building
  • Saturday, 8 June, 2024
    Tesla Inc
    Norway’s oil fund to vote against Musk’s $56bn Tesla pay award

    Top 10 shareholder of carmaker says it is ‘concerned’ about size of package

  • Friday, 7 June, 2024
    Tesla Inc
    Tesla looks to cut lawyers’ award in Musk pay case from $5.2bn to $13.6mn

    Carmaker argues that victorious plaintiffs’ firm deserves far less for its work to throw out chief’s $56bn package

    Tesla chief Elon Musk
  • Friday, 7 June, 2024
    UnhedgedRobert Armstrong
    Musk’s $56bn is not the problem Premium content

    Executive pay is a mess almost everywhere

    Elon Musk
  • Monday, 3 June, 2024
    Marks & Spencer Group PLC
    M&S chief awarded £4.7mn pay package amid retailer’s turnaround

    Stuart Machin has received far larger award than his predecessors

    Clothing on mannequins at an M&S store in Cornwall
  • Friday, 31 May, 2024
    Tesla Inc
    Tesla investors should reject Musk’s $56bn pay, says proxy adviser ISS

    Institutional Shareholder Services supports proposal to reincorporate electric-car maker in Texas

    Elon Musk, centre, walks outside with his security detail in Washington
  • Tuesday, 28 May, 2024
    Boohoo.Com PLC
    Boohoo cancels bonuses worth £3mn for top executives amid widening losses

    Fast-fashion retailer pulls proposed new pay scheme ahead of upcoming annual meeting

    A Boohoo advertisement
  • Friday, 17 May, 2024
    Tesla Inc
    Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns

    FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’

    Robyn Denholm
  • Tuesday, 14 May, 2024
    Tesco PLC
    Tesco chief’s pay more than doubles to £10mn

    Ken Murphy earns performance-linked bonuses of £8.3mn after hitting targets

    Ken Murphy
  • Wednesday, 1 May, 2024
    Smith & Nephew grants CEO 30% pay rise despite shareholder revolt

    AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targets

    Deepak Nath
  • Monday, 29 April, 2024
    Ocado Group PLC
    Ocado shareholders revolt over CEO’s bonus share award of £14.8mn

    Tim Steiner will get the payout if grocery group’s share price significantly improves by 2027

    An Ocado delivery van
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