Shareholders in STV Group (LON: STVG) have not been totally supportive of the media company’s remuneration policy. A shareholder vote on the policy happens every three years. One-quarter of the votes cast were against the directors’ remuneration policy, which is up from one-fifth three years earlier.
However, the vote against the directors’ remuneration report was 1.92%, down from 16.1% against the resolution at the previous AGM.
Management says that it consulted with the largest shareholders ahead of the latest AGM and the policy was revised. STV currently pays 20% of the chief executi...
