Shareholders revolt against Unilever bosses’ pay packages

The firm confirmed that 58% of shareholder votes were cast against the remuneration package.

The Unilever Marmite factory in Burton on Trent. Shareholders have revolted against Unilever’s pay package for its bosses over concerns about potential excessiveness (Matthew Cooper/PA) (PA Archive)

Shareholders have revolted against Unilever’s pay package for its bosses over concerns about potential excessiveness.

The company’s remuneration deal handed chief executive Alan Jope 5.4 million euros (£4.75 million), including a 3.7 million euro (£3.26 million) bonus.

Meanwhile, finance chief Graeme Pitkethly received 3.8 million euros (£3.35 million), including a 2.58 million euro bonus (£2.27 million).