UK shipbroker Clarksons’ problem with its pay policy is not going away any time soon.
Shareholders rebelled in increased numbers this year at the London-listed company’s annual general meeting, with votes on the policy and the remuneration report garnering support among only 56% of investors.
This is down from nearly 63% last May, but not as close as 2019, when Clarksons squeaked home with only 51%.