Of late, there has been more notable brouhaha over what-is-perceived-to-be-excessive CEO pay. The proof is in the headlines. BT’s shareholder backlash over the pay packet of its CEO topped financial news sections - but no longer is it story that stands out.
Shell, Lloyds, AstraZeneca, William and BP are other big-name firms that have experienced backlash against Executive pay – all attracting beady-eyed reporting on the disconnect between what CEOs thought they were worth and what shareholders and pressure groups disagreed with.