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Sainsbury's hands boss £3.8m pay and bonus package

Details of chief executive Simon Roberts’ pay and bonuses comes as the supermarket is under fire for investor dividends and worker salaries. ....

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MSNBC Way Too Early With Jonathan Lemire June 4, 2024 09:41:00

Shareholders have voted against the bank s executive pay plan which is a stinging rebuke to ceo jamie dimon and his management team. what happened there? what s the latest? so this is the first time that we ve seen this kind of shareholder revolt. perhaps that s too strong of a word but effectively shareholders at the annual meeting were asked to vote in support of more than $50 million special bonus package for jamie dimon, the ceo. part of his 2021 compensation package designed to incentivize him to stay at the bank for another five years. comes in the form of 1.5 million options. only 31% of the participaing investors voted in support of this package. jamie dimon been at the helm of jp morgan since 2006 and steered the bank through not only the financial crisis but also the recovery afterwards. and he s helped jp morgan grow into the largest u.s. bank by assets. so what happens now, the vote is ....

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