By Emily Gosden: Thursday 11 MAY 2017
Shareholders in Royal Dutch Shell have been urged to oppose “excessive” executive pay after the oil giant awarded its boss a 54 per cent pay rise.
Pirc, the investor group, criticised Shell’s remuneration report, which showed that Ben van Beurden’s total pay and perks rose to €8.6 million for 2016, up from €5.6 million in 2015. Pirc said this was “excessive at 453 per cent of salary” and urged shareholders to vote against the report at the annual general meeting on May 23.