M&S defends Rowe bonus in face of significant investor revolt

Steve Rowe

Marks & Spencer has defended its stance on director remuneration – including that of departing chief executive Steve Rowe – after a substantial proportion of investors opposed the package.

M&S “noted” that while the advisory on the directors’ remuneration report won 70.89% of votes at today’s AGM,  29.11% were cast against. 

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