TITLE

Barratt executives in line for hike in remuneration under new scheme

AUTHOR(S)
Martin, Matthew
PUB. DATE
November 2005
SOURCE
Finance Week (Centaur Communications);11/16/2005, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Barratt Homes is seeking shareholder approval for an overhaul of its 25-year-old executive remuneration scheme. The remuneration plan will see the doubling of awards under a long-term performance plan to 200 percent of salary. In addition, directors will be entitled to up to 180 percent of basic salary if they attain 125 percent of profit targets. The plan will be put to shareholders at the company's annual general meeting.
ACCESSION #
18957803

 

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