UK’s Boohoo scraps executive bonus plan after shareholder backlash
By Reuters Published May 28, 2024 UK’s Boohoo Group’s bosses have waived their annual bonuses and scrapped plans to raise executive awards after talks with certain shareholders, the online fashion retailer said on Tuesday. Boohoo had been on the brink of a shareholder revolt at next month’s AGM over proposals for a new long-term incentive [...]read moreUK’s Boohoo scraps executive bonus plan after shareholder backlash