Advisory groups ask shareholders to oppose bid to raise Pascal Soriot’s maximum share bonus to 650% of £1.3m basic pay AstraZeneca is facing mounting opposition over its plans to award its chief executive, Pascal Soriot, a big increase in bonuses, with three investor advisory groups calling on shareholders to vote against the policy. Pirc, Glass… Continue reading ‘Ill-judged’ bonus hike for AstraZeneca boss prompts investor anger

But only 13.4% of shareholders attended For the second year in a row, shareholders attending Steinhoff’s annual general meeting refused to adopt the group’s annual accounts and also voted against its remuneration policy. The advisory vote on Steinhoff’s remuneration report scored a hefty 92.53% ‘No’ vote and the proposal to adopt the annual accounts for… Continue reading Lots of ‘No votes’ at Steinhoff AGM

Organizations developing new skills for the next normal must determine exactly how and where to invest in them. The finance leader is uniquely suited to provide the necessary combination of insights. It’s becoming increasingly clear that one of the most critical responsibilities of CFOs in coming months will be supporting efforts to build new capabilities—the mindsets… Continue reading The CFO’s role in capability building

A new survey shows that skill building is becoming common practice, social and emotional skills are in demand, and there’s a recipe for successful skill transformations. In the past year, the COVID-19 pandemic has quickly and dramatically accelerated the need for new workforce skills. The rapid rise of digitization and remote work has placed new demands… Continue reading Building workforce skills at scale to thrive during—and after—the COVID-19 crisis

Young digital natives can help older, more experienced colleagues improve their understanding of technology and its potential through reverse mentoring schemes With technological progress and digital advances coming thick and fast, the pressure on every person in business to keep abreast and master digital skills is constant. ‘Reverse mentoring’ – where younger, more junior individuals share their… Continue reading Role reversal