A leading investor advisory firm has urged shareholders to reject the remuneration report for Anglo American’s executives at the company’s annual meeting next week, saying it was too generous given the miner’s share price collapse.
Company executives have seen their Long Term Incentive Plan grant levels maintained at the same level as a percentage of salary for 2015, despite the 75% slide in Anglo’s share price last year, Institutional Shareholder Services (ISS) said.
