Savills and Cineworld shareholders revolt over executive pay

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The estate agent Savills and Cineworld, the UK’s biggest movie chain, have been hit by significant pay revolts by shareholders in a backlash over reward packages awarded to bosses during the pandemic.

Almost 30% of investors in Britain’s largest cinema chain failed to back a controversial new award scheme under which bosses could be awarded more than £200m in shares if Cineworld’s shares bounce back to pre-pandemic levels.

Source: Savills and Cineworld shareholders revolt over executive pay | Savills | The Guardian