CEO Pay Drops But Shareholders Must Remain Vigilant

Dr Hans-Christoph Hirt, head of EOS at Hermes Investment Management, believes it is vital that responsible investors continue scrutinise the appropriateness of pay policies

Hermes 4 August, 2017 | 11:03AM
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Morningstar's "Perspectives" series features investment insights from third-party contributors. 

According to analysis from the CIPD, the professional body for HR and people development, and the independent think tank The High Pay Centre, there has been a 17% drop in remuneration to UK CEOs. The data represents progress in curbing excessive executive pay, but responsible investors must not give up their focus on one of the UK’s most important boardroom issues.

There is a significant gender pay gap at the top of UK companies

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Imperial Brands PLC1,563.00 GBP0.00Rating
WPP PLC1,060.50 GBP0.00Rating

About Author

Hermes  Hermes is a multi-asset fund manager offering global institutional and pension fund clients access to a broad range of specialist, high conviction investment teams.