No change to his salary only the bonus structure
I can't see details on the KPI's so if anyone can post that would be appreciated.
And for all the comments on Michael's salary, tbh, outside of the bonus there's not a lot that can change as it's a fixed term contract until 2025.
But the most interesting thing about the upcoming vote is that if the rem report gets a protest vote in excess of 25% then there is a spill, which is significant. Irrespective of your views this is a vote that shareholders should take seriously. If I were Simon, I'd be topping up on market pretty quickly...
Ann: Notice of Beam 2023 AGM, Proxy Form and Annual Report, page-7
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