Vote to double David Schwimmer’s maximum pay levels comes as fear grow about exodus of firms from City
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Shareholders have voted in favour of doubling the pay packet of London Stock Exchange Group’s chief executive to £13m on the same day that fears were reignited about an exodus of UK-listed firms.
Investors backed the group’s plans to increase David Schwimmer’s maximum pay levels from £6.25m to more than £13m. The resolution passed, with nearly 89% voting in favour of the new pay policy.