Imperial Brands Directors' Remuneration Passes With Low Votes at AGM
03 Februar 2021 - 7:11PM
Dow Jones News
By Adriano Marchese
Imperial Brands PLC said Wednesday that a remuneration
report-related resolution passed with low votes as shareholders
took issue with the new chief executive's salary.
The FTSE 100 tobacco company said the resolution regarding the
directors' remuneration report passed with 59.73% of the votes in
favor.
"The principal point at issue for them, and some of the proxy
voting guidance services, was the level of base salary for Stefan
Bomhard, our new chief executive," the company said.
Imperial Brands said it will continue to engage with its largest
shareholders on governance and remuneration.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
February 03, 2021 12:56 ET (17:56 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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