Pink ‘Un Silent on Their Own Shareholder Revolt More Shareholders Reject Remuneration Than Barclays

This morning FT went big on yesterday’s Barclays AGM, splashing the fact that 21% shareholders voted against their remuneration packages. Today Pearson had their annual gathering and the votes are in:

Resolution 13 – to approve annual remuneration report

For: 349,696,505 (64%)

Against: 181,521,643 (33%)

Withheld: 15,000,416 (3%)

For comparison, Barclays result were 66% For; Against 21%; Withheld 13%. Legally withheld votes don’t count – so if you go for the straight yes:no Barclays was 76:24 in favour; Pearson is 66:34 in favour. Guido can’t seem to find this reported anywhere on the FT website? Perhaps they are holding it for the front page of the Weekend edition…

UPDATE: The FT’s Media correspondent is catching up as usual…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

George Osborne paraphrases Boris, telling the FT:

“If the ball came loose at the back of the scrum, I wouldn’t fumble it”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Did Boris Really Want Brexit? Did Boris Really Want Brexit?
Ken Interviewed, Doesn’t Mention Hitler Ken Interviewed, Doesn’t Mention Hitler
Chuka’s Single Market flip-flop Chuka’s Single Market flip-flop
LABOUR HQ PURGE FEARS LABOUR HQ PURGE FEARS
Carter Ruck Deleting Brooks Newmark Sext Pics Carter Ruck Deleting Brooks Newmark Sext Pics
Mandelson Aide Funding Owen Smith Mandelson Aide Funding Owen Smith
OILY WANTED CORBYN TO GO ON OILY WANTED CORBYN TO GO ON
Hinkley: Forseeable Financial Fiasco Hinkley: Forseeable Financial Fiasco
Baroness Shami(less) Baroness Shami(less)
Just How Totes Posh Is Stella Creasy? Just How Totes Posh Is Stella Creasy?
Thornberry “Sky Sexism” Meltdown Thornberry “Sky Sexism” Meltdown
WATCH HILLARY DROP WATCH HILLARY DROP
PMQs Sketch PMQs Sketch
Vaz Broke Law Vaz Broke Law
Cancel Hinkley Cancel Hinkley
Vaz On Front Pages Vaz On Front Pages
71% OF ECONOMISTS WILL BE PROVED WRONG ABOUT BREXIT 71% OF ECONOMISTS WILL BE PROVED WRONG ABOUT BREXIT
KAY BURLEY TELLS OWEN SMITH: “YOU’RE TOAST” KAY BURLEY TELLS OWEN SMITH: “YOU’RE TOAST”
PIERS MORGAN REFUSES TO DENY AFFAIR PIERS MORGAN REFUSES TO DENY AFFAIR