You are here: silicon.com > Networks > LANs

LANs

Vodafone to move on executive pay deals

Finally realises fat-cattery not best policy

By Tony Hallett

Published: 17 June 2002 07:50 BST

Ahead of its annual report this week, Vodafone has moved to appease investors upset about levels of executive pay next to a long-term share price decline.

The mobile giant has consulted with shareholders after last year 40 per cent refused to rubber stamp CEO Sir Christopher Gent's £6m pay packet.

New parameters for rewarding the top brass are expected to revolve around tough performance-related bonuses and being easier for outsiders to understand, according to a report in The Independent on Sunday.

While Vodafone shares have declined nearly 80 per cent from their 400p high - at the peak of the telecoms bubble - last month also saw the company post a record loss of £13.5bn, because of write-downs related to the value of assets.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
Quality Lead - Unilever - Level C-00055185

Support implementation coordination for agreed QPI, SOX and Security controls Manage one quality team member who will support these activities Main ...

IT Strategy Consultants Consulting

IT Strategy Consultants-00036731 Description IT Strategy Consultants Strategic IT Effectiveness (SITE) professionals focus on identifying and ...

Client Services Executive

Client Services Executive / Junior IT Account M*nager Wavex has an exciting opportunity for an ambitious Client Services Executive to join our Client ...

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.





Quick Sitemap Links: