Bloomberg News

Barclays Holders May Seek Director Meeting on Pay, Guardian Says

June 16, 2012

Shareholders of Barclays Plc (BARC) may seek a meeting with senior independent director Michael Rake to discuss pay concerns, the Guardian reported.

Investors would prefer to speak with an independent director rather than Chairman Marcus Agius, the newspaper said, without identifying the shareholders. They’re seeking a meeting following reports Alison Carnwath, head of the remuneration committee, didn’t initially support a 2.7 million-pound ($4.2 million) bonus for Chief Executive Officer Robert Diamond.

To contact the reporter on this story: Jesse Riseborough in London at jriseborough@bloomberg.net

To contact the editor responsible for this story: Guy Collins at guycollins@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus