In the Margins

Fidelity pressures British corporate board committees

February 17, 2017

By Reuters

Fidelity International, one of the biggest investors in British companies, has proposed making powerful remuneration committee heads more accountable to shareholders. The move would increase pressure on company boards to rein in excessive pay after rebellions at a number of firms' shareholder meetings in recent years, including BP and WPP, and comes ahead of the bulk of this year's votes. Read the original story from Reuters.