Glass Lewis also raised concerns about the high level of fixed pay awarded to current CEO Stefan Hoops
Pay And Bonuses
Goldman Sachs and Credit Suisse came in towards the bottom of the survey
Companies are inclined to use “off the shelf” ESG metrics like board diversity and carbon emissions, even though they might not be material for their core business
The Wall Street bank is expected to cut around 250 jobs in the coming weeks
US investment manager has shaved 5% off its global headcount to cut costs
Bosses at Abrdn, Jupiter and Schroders bagged big bonuses despite weaker profits and AUM in 2022