Activist investor Cevian Capital is calling for a substantial increase in remuneration for non-executive directors at UK-listed companies, arguing that better pay and greater share ownership are needed to attract stronger boardroom talent and help reverse the decline of the London equity market, according to a report by the Financial Times.
Cevian, which holds investments including stakes in Smith & Nephew and Pearson, wants UK companies to increase non-executive director (NED) compensation...
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