TWO non-executive directors at
According to a report in The Sunday Times, a group of US investors proposed a mammoth pay packet for chief executive Greg
Fitzgerald, which would have pegged the CEO's bonuses to the company's share price.
Under the proposal, if Fitzgerald achieved a share price rise from £7.26, where it was on Friday, to £18 within the next three years, he would be in line for £60m.
The proposal was rejected by the board, but US investors
The activist pressure has reportedly led to the chair of the board's remuneration committee,
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