IN BRIEF: Imperial Brands Shareholders Unhappy With CEO Pay

Imperial Brands PLC - FTSE 100-listed tobacco firm - Notes just under 60% of shareholders vote to ...

Alliance News 3 February, 2021 | 8:18PM
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Imperial Brands PLC - FTSE 100-listed tobacco firm - Notes just under 60% of shareholders vote to approve director remuneration report.

"In the run up to the annual general meeting we engaged with a number of our shareholders to understand their concerns. 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," Imperial says.

It adds: "Our shareholders' views are important to us and we shall continue to engage with our largest shareholders on governance and remuneration."

Current stock price: 1,462.00 pence

Year-to-date change: down 4.5%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Imperial Brands PLC 1,542.00 GBX -0.52

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