Shell shareholders may reject CEO's high pay

dailymail.co.uk

Shell is facing a potential shareholder revolt over the "excessive" pay package of its chief executive, Wael Sawan, according to a leading shareholder advisor. Advisory firm Pirc has advised investors to oppose Sawan's pay, citing a pay ratio of 63 to 1 compared to the average employee. Sawan received £8.6 million in pay and bonuses last year, prompting concerns ahead of the company's annual meeting. Pirc also raised concerns about Shell's climate planning and governance, and encouraged support for a proposal regarding the alignment of its liquefied natural gas business with net-zero emissions targets.


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Shell shareholders may reject CEO's high pay | News Minimalist