Shareholders of pan-European stock exchange operator Euronext on Wednesday rejected the group’s executive remuneration in a non-binding vote during the general meeting in the Netherlands, where the group’s headquarters are located.
The opposition relates specifically to exceptional remuneration granted to the general director, Stéphane Boujnah, and to the director of operations, Manuel Bento, on which the shareholders would have preferred to be able to decide in a separate resolution, according to Gerben Everts, at the head of the Dutch Association of Stockholders (VEB), which challenged the group’s administrators.
More information to come…
