Domino s Pizza Group faces a shareholder revolt at its annual meeting on Thursday after two City advisers panned its executive pay.
Both Glass Lewis and ISS have now red-flagged the chain s plans to give chief executive Dominic Paul and finance chief Neil Smith significant pay rises.
Paul, who was hired last May after running Costa Coffee, is paid a base salary of £750,000 – more than 40 per cent higher than that of retired boss David Wild.
Glass Lewis and ISS have red-flagged the chain s plans to give bosses significant pay rises
Smith, who joined last April, receives a base salary of £430,000 – almost a third on top of that received by David Bauernfeind, who died in 2019 while snorkelling in Mauritius.
Domino s Pizza faces shareholder revolt over executive pay rises
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Mr Shattock joined the board of The Clorox Company as a non-executive director in 2018 and has served as a non-executive director of VF Corporation (NYSE: VFC) since 2013. About Domino s Pizza Group Domino s Pizza Group plc is the UK s leading pizza brand and a major player in the Irish market. We hold the master franchise agreement to own, operate and franchise Domino s stores in the UK, the Republic of Ireland, Switzerland, Sweden, Iceland and Liechtenstein. In addition, we have associate investments in the holders of the Domino s master franchise agreements in Germany and Luxembourg.
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Liquor conglomerate Beam Suntory said Tuesday it will move its corporate headquarters from Chicago to New York in mid-2022.
The company said about 100 employees will relocate and more will have that option. A spokeswoman said about 400 people will continue to work at Chicago’s Merchandise Mart. It will remain Beam Suntory’s largest global office and home to its North American business unit.
Executives said the move will help the company build brands and stay on top of consumer trends. It also will place it closer to its Japan-based parent, Suntory Holdings, with which it will share offices in New York. Beam Suntory said it will move to 11 Madison Ave. in Manhattan, where it has signed a long-term lease for about 100,000 square feet.