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CEO Pay Boost Amid Performance Doubts | Business and Finance News
Description
United Utilities is pushing to give CEO Louise Beardmore a new annual share-based allowance worth £435,000 — just months after she lost a £417,000 bonus over sewage issues. Shareholders will vote on the plan at the July 17 AGM, but Institutional Shareholder Services is urging a “no” vote, arguing the new pay structure guarantees her compensation regardless of company performance — a move critics say decouples pay from results. The decision could reshape how leadership is rewarded in the face of accountability.
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