IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego

IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego

City A.M.

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Shareholders at British Airways’ parent company IAG have revolted against the “excessive” share award given to boss Luis Gallego. Proxy voting agency Glass Lewis told investors to vote against the policy at IAG’s annual general meeting next month, as the proposal to increase Gallego’s share award from 100pc of his salary to 150pc under IAG’s [...]

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