Friday, January 12, 2007

Boards escape rows over executive pay


British companies have successfully headed off big rows over pay for senior executives this year and avoided accusations of paying big rewards for failure by consulting with shareholders.

Boards have had few public upsets with investors compared with a few years ago, says New Bridge Street Consultants, which advises a fifth of FTSE 100 boards on executive pay structures and on Tuesday produces its second annual survey on pay.

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