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2019-05-01

Retail Gazette: "Hammerson shareholders rebel over exec pay at AGM"


Link to web site

"Hammerson has been dealt a blow by shareholders who voted in anger over excessive executive pay at the company’s AGM yesterday.

"Nearly 30 per cent of the shopping centre giant's investors rejected its remuneration report, which featured multimillion-pound share payouts to Hammerson executives.

"Prior to the AGM, shareholder advisory group Institutional Shareholder Services (ISS) urged investors to vote against the report due to concerns over stock awards and bonuses worth millions dished out to top executives, including boss David Atkins."