Ladbrokes owner faces shareholder revolt over £19.1m payout to boss

Betting firm GVC braced for new row after two years of rebellion by investors

The boss of Britain’s biggest gambling company, the Ladbrokes owner GVC, was paid £19.1m in 2018, putting the company at risk of a fresh clash with shareholders.

The Isle of Man-based betting firm suffered a stinging shareholder revolt last year when 44% of investors voted against pay schemes that awarded its top two executives, including the chief executive, Kenny Alexander, deals worth a combined £67m.

Continue reading...

 

From our friends over at the : Business | The Guardian

 

You can see the Full Story: Click Here