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SHAREHOLDERS APPROVE WILL HILL REMUNERATION
Tuesday, May 8,2012 : SHAREHOLDERS APPROVE WILL HILL REMUNERATION (Update)
Predicted shareholder revolt did not take place, but a warning marker has been placed.
The salary and perks paid to William Hill plc's top-performing CEO Ralph Topping failed to rigger any significant shareholder revolt at the agm Tuesday, with Sky News reporting that the remuneration committee's recommendations had been narrowly accepted.
However, the warning shot was the 49.8 percent vote against the GBP 1.2 million “retention bonus” and 8.3 percent pay rise.
Chairman Gareth Davis emphasised the success that 41-year-service William Hill veteran Topping had once again brought to the table, stressing that the generous award was for success, not failure, and that top notch chief executives, especially with industry experience and acumen, were not easy to find.
“Ralph has done a remarkable job,” Davis said. “He was appointed four years ago in very different circumstances and he has turned round the company’s performance.”
Media and business analysts had predicted that the current trend toward shareholder activism in the UK, and the aversion of shareholders to super-remuneration packages for corporate execs, would spread to the Will Hill agm.
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Tim Chung Wins MPNPT Manchester -
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Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
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Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
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2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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