Archive for April 2012

John Griffin

In an earlier posting (“Pension Funds and Executive Pay”), I expressed the hope that institutional investors such as pension funds would wield their collective muscle and not stand idly by while huge multinationals give their senior staff exorbitant pay awards.  For years, major institutions, including pension funds, have effectively boycotted annual shareholder meetings, where the most contentious issues might be the quality of pasties on offer – even before the “pasty tax”. 

With the AGM season almost upon us, we will soon see if the nationwide revulsion at boardroom excesses translates into action where it counts. Read more »

Page 1 of 11