{"id":50287,"date":"2018-07-19T15:29:43","date_gmt":"2018-07-19T13:29:43","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2018\/07\/19\/majority-of-investors-reject-pay-deal-for-royal-mail-chief-executive\/"},"modified":"2018-07-19T15:29:43","modified_gmt":"2018-07-19T13:29:43","slug":"majority-of-investors-reject-pay-deal-for-royal-mail-chief-executive","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=50287","title":{"rendered":"Majority of investors reject pay deal for Royal Mail chief executive"},"content":{"rendered":"<p>Advisory vote will not stop Rico Back from receiving 17% more than predecessor Moya GreeneShareholders in Royal Mail have lodged a huge protest vote against the pay arrangements of the new boss of the privatised postal service.More than 70% of investors voted against the pay deal handed to its new chief executive, Rico Back. The Switzerland-based executive, who will commute to the UK in order to run Royal Mail, is being paid 17% more than his predecessor Moya Greene. Back will receive a basic salary of \u00a3640,000 \u2013 and will still receive the sum because Thursday\u2019s vote is only advisory. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/2018\/jul\/19\/majority-of-investors-reject-pay-deal-for-royal-mails-chief-executive\" target=\"_blank\">Majority of investors reject pay deal for Royal Mail chief executive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advisory vote will not stop Rico Back from receiving 17% more than predecessor Moya GreeneShareholders in Royal Mail have lodged a huge protest vote against the pay arrangements of the new boss of the privatised postal service.More than 70% of investors voted against the pay deal handed to its new [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-50287","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/50287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50287"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/50287\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}