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Bank of Nova Scotia (BNS) Announces CEO Retirement, Appoints Scott Thomson as Replacement

Bank of Nova Scotia (BNS) Announces CEO Retirement, Appoints Scott Thomson as Replacement
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Scotiabank's climate plan and fossil fuel financing brought up by shareholders at AGM | iNFOnews

TORONTO - Scotiabank faced criticism for not moving fast enough on climate change at the bank’s annual general meeting, while prepared remarks for chief executive Brian Porter, who missed the meeting due to COVID-19, focused especially on the economic challenges faced by Canadians. ....

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Scotiabank receives low shareholder support for executive compensation plan


The Globe and Mail
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Jeff McIntosh/The Canadian Press
Bank of Nova Scotia’s compensation plan for top executives is facing resistance from investors after an influential shareholder adviser flagged a perceived gap between the bank’s performance and the CEO’s pay.
Scotiabank’s advisory resolution on executive compensation, a non-binding vote commonly called “say on pay,” passed with only 60.8-per-cent support at the bank’s annual shareholder meeting Tuesday. Last year, 93.8 per cent voted in favour of the resolution. ....

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