Back The Guardian AllianzGI warns it may vote down big payouts if firms have cut jobs
Search Sections 24 Feb
Close
Advertisement
22 Feb 12:45pm

AllianzGI warns it may vote down big payouts if firms have cut jobs

The Guardian
Asset manager says it will also scrutinise ‘generous’ pay packages if companies have had state aid during Covid Companies that are handing “generous” pay packages to executives while taking government aid, cutting dividends or slashing jobs during the pandemic could face a shareholder backlash according to Germany-based Allianz. Allianz Global Investors (AllianzGI), which manages €582bn (£503bn) worth of assets, warned it could use its shareholder powers to vote against pay awards at the upcoming annual shareholder meeting season.
Read full story
 Like Comment
Advertisement

Comments

No comments yet...
On the top

Date settings

Today is Wednesday, February 24, 2021

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept

The Guardian

Close