Disquiet made clear at annual meetings of household goods group Reckitt Benckiser and online grocer Ocado
Shareholder rebellions over directors' pay continued when household goods group Reckitt Benckiser – which makes brands including Calgon, Dettol and Strepsils – and online grocer Ocado both faced revolts at their annual meetings. The votes follow similar rebellions at Pearson, AstraZeneca and Barclays.
Nearly one-third of Reckitt's shareholders opposed its annual pay report, with 20% rejecting the separate pay policy outlining the company's bonus policy for the next three years. The company's pay framework handed its chief executive, Rakesh Kapoor, £6.7m last year, although that was slightly less than the previous year.
See full Article: http://www.theguardian.com/business/2014/may/07/shareholder-revolts-reckitt-benckiser-ocado
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