IAG Shareholders Recommended to Vote Against Pay Policy, Sky News Says

Dow Jones
06-05
 

-- International Consolidated Airlines Group shareholders have been recommended to vote against a new pay policy that could hand the company's chief executive a one-off share award potentially worth more than 2.7 million pounds ($3.7 million), Sky News reports.

-- In a report to clients, proxy voting adviser Institutional Shareholder Services articulated concerns regarding the proposed pay package and recommended that investors oppose the measure, Sky News reports, adding that it has seen the document.

-- IAG has its annual shareholder meeting on June 18. Sky News said it has contacted the company for comment.

 

Full story: https://shorturl.at/R4AQ0

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

June 05, 2025 08:53 ET (12:53 GMT)

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