‘A massive corporate reckoning is coming’ about CEO pay limits
Even before the economic shock, many companies were linking executives’ salaries to new measures. Now there is more political and reputational risk
Boston/London — The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies’ annual meetings in the next month or so.
Executive compensation is among issues expected to dominate AGMs around the world, many to be held virtually via video-conferencing, as management and shareholders weigh up the effects of the pandemic on their businesses...