Executive remuneration landscape in Europe

For what concerns the approval of remuneration policies of chairmen and CEOs in listed companies, Italy is in pole position in Europe.

During the annual general meetings in Italy, when it comes to voting on executive remuneration, the number of votes in favor is among the highest in Europe.

It could be a sign of wise policies and good dialogue with shareholders. European Data on Executive Remuneration, analyzed by Morrow Sodali, demonstrate a good positioning of the Ftse Mib companies, immediately after the Ftse 100 ones, traditionally a benchmark in best practices in corporate governance.

More in detail: on London Stock Exchange (Ftse 100), the company that gets the highest level of support is Fresnillo with 99.9% of shareholders' votes while the least performing is Person, where over 60% of the shareholders voted against John Fallon's remuneration package, which last year had seen an increase of around 20% against the company's bad performance, commented Francesco Surace of Morrow Sodali on Formiche.

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