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    United Utilities shareholders approve controversial pay plans

    1 week ago

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    A majority of United Utilities shareholders, 75.8%, approved a remuneration policy for CEO Louise Beardmore, allowing her shares worth £435,000 annually despite backlash. This follows her denial of a £417,000 bonus due to a reservoir incident. Critics argue the policy insulates pay from performance, while the company defends it as necessary for leadership in a major infrastructure investment.
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