Executive pay news and archive

Gap, Levi Strauss, Victoria’s Secret among brands failing to tie exec pay with sustainability

New research by financial think tank Planet Tracker reveals that many of the world's largest textile companies are failing to link executive pay to environmental, social, and governance (ESG) performance, a key driver of credible action. Planet Tracker's Textiles Compensation report analysed 30 top textile brands and finds that over half of...

Business

JD Sports faces executive pay controversy

A backlash about excessive executive pay has ensued after JD Sports remunerated its chairman Peter Cowgill nearly 5 million pounds in a salary and bonuses, despite the company receiving 61 million pounds during the UK furlough scheme and a further estimated 38 million pounds in business rates relief. Glass Lewis, a shareholder advisory company,...