Hydon is set to receive a £2m cash and shares windfall, while chief executive Chris Gent is due for a £10m bonus following the takeover earlier this year. Vodafone shareholders have been urged by the NAPF to abstain from the board renumeration vote later this month at the company’s annual meeting.
The NAPF want shareholders to register concern over the contract drawn up for Gent and Hydon, as well as the scale of the bonus payments.
Members of the NAPF include some of the UK’s biggest institutional investors whohave the clout to force the UK’s largest company into an embarrassing climbdown.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel