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Stock impact report

UK boards and investors push for higher CEO pay to bridge gap with US [FT.com - Mergermarket]

Smith & Nephew SNATS, Inc. (SNN) 
Last smith & nephew snats, inc. earnings: 8/1 04:05 pm Check Earnings Report
US:NYSE Investor Relations: smithoptics.com
Anjli RavalMichael O’DwyerJump to comments sectionUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.More boards are raising chief executive pay to rival peers, marking a shift in sentiment among top bosses, chairs and investors previously reluctant to engage in transatlantic remuneration wars.The London Stock Exchange Group is among the latest seeking to gain shareholder approval for a pay package for its chief executive David Schwimmer that is benchmarked against rivals, rather than companies.“When you look at standards for compensation around the world, the is in a different place,”said Schwimmer this weekFrustrations among board directorsNow there are signs executive pay in is at a tipping point, with greater efforts by boards and concessions from shareholders to bridge the divide with the .“There’s been a sea change of thinking,” said Peter Harrison, chief executive of FTSE 100 asset manager Schroders. Show less Read more
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