C&WW feels heat over pay

Comments (0) | 22 Jul 2011 | Rating | Print by Tim Human

Shareholders mount rebellion against incentive plan and remuneration report at annual meeting in London

Cable and Wireless Worldwide (C&W Worldwide) suffered a major pay revolt at its annual meeting yesterday in London.

Around a third of shareholders voted against the telecoms company’s new incentive plan that could reward chief executive John Pluthero with £2 mn ($3.3 mn) in shares.

Around 13 ...

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