Backlashes at estate agent and cinema chain over reward packages handed to bosses during Covid crisis
The estate agent Savills and Cineworld, the UK’s biggest movie chain, have been hit by significant pay revolts by shareholders in a backlash over reward packages awarded to bosses during the pandemic.
Almost 30% of investors in Britain’s largest cinema chain failed to back a controversial new award scheme under which bosses could be awarded more than £200m in shares if Cineworld’s shares bounce back to pre-pandemic levels.