RPMI Railpen rejects Reckitt Benckiser's controversial pay policy

clock • 2 min read

Consumer goods giant Reckitt Benckiser has been dealt a blow in confidence after 18% of shareholders including Railpen Investments (RPMI Railpen) have voted against its remuneration policy.

At its annual general meeting (AGM) on 5 May investors rejected the package, which includes a £23.2m pay deal for chief executive Rakesh Kapoor, raising a number of grievances with the proposals. ...

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