LSE Faces Investor Backlash Over CEO’s 25% Pay Rise, Sky Reports

April 1, 2021, 11:12 AM UTC

LSE Group is facing some shareholder opposition after deciding to give its chief executive David Schwimmer a 25% pay rise, Sky News reports, without saying where it obtained the information.

  • Some of company’s biggest investors plan to vote against its remuneration report during its annual meeting later this month
  • Vote is advisory, not binding
  • A spokeswoman for LSEG declined to comment to Sky

To contact the reporter on this story:
Zoya Khan in New York at zkhan79@bloomberg.net

To contact the editors responsible for this story:
Chiara Vasarri at cvasarri@bloomberg.net

Tiago Ramos Alfaro

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