Institutional investor pressure has forced Cairn Energy to drop a £2.5m share reward for its chief executive.
The oil and gas exploration company withdrew a resolution from its general meeting to hand chairman and chief executive Sir Bill Gammel the shares after a chorus of dissent from institutional inves...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
