{"id":246417,"date":"2021-05-10T18:54:00","date_gmt":"2021-05-10T15:54:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/astrazeneca-ceos-pay-package-contested-by-investors\/"},"modified":"2021-05-10T18:54:00","modified_gmt":"2021-05-10T15:54:00","slug":"astrazeneca-ceos-pay-package-contested-by-investors","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/astrazeneca-ceos-pay-package-contested-by-investors\/","title":{"rendered":"#\n  AstraZeneca CEO\u2019s pay package contested by investors"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a224a518dd10\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a224a518dd10\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/astrazeneca-ceos-pay-package-contested-by-investors\/#The_proposed_annual_pay_package_could_potentially_net_Pascal_Soriot_some_25_million\" >The proposed annual pay package could potentially net Pascal Soriot some $25 million<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/astrazeneca-ceos-pay-package-contested-by-investors\/#Pierre_Briancon\" >Pierre Brian\u00e7on<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  AstraZeneca CEO\u2019s pay package contested by investors<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"The_proposed_annual_pay_package_could_potentially_net_Pascal_Soriot_some_25_million\"><\/span>\n  The proposed annual pay package could potentially net Pascal Soriot some $25 million<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000263379\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       The Investment Association, an influential investors group from the City of London, has come out against the proposed annual pay package of AstraZeneca<br \/>\n        AZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200304487\/composite\" class=\"positive\">+1.44%<\/bg-quote><\/p>\n<p>        AZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203048482\/delayed\" class=\"negative\">-0.23%<\/bg-quote><br \/>\n       Chief Executive Pascal Soriot, which could potentially net him some \u00a318 billion ($25 million).<\/p>\n<ul class=\"articleList\">\n<li>\n      The move from the U.K. asset managers\u2019 trade body comes on the eve of the pharmaceuticals group\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.astrazeneca.com\/content\/dam\/az\/PDF\/2021\/Notice_of_Meeting_2021.pdf\" class=\"icon none\">annual meeting<\/a> on Tuesday, where investors will have to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>rove a hefty raise of Soriot\u2019s bonus for this year.<\/p>\n<\/li>\n<li>\n      The Investment Association issued its \u201camber warning\u201d on the compensation scheme, its second-highest level of alert, according to the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.thetimes.co.uk\/article\/alarm-raised-over-pascal-soriots-18m-payday-p2570q0m6\" class=\"icon none\">Times<\/a> of London.<\/p>\n<\/li>\n<li>\n      Three other investors advisory groups had already advised voting against the package, which would increase the French-born CEO\u2019s annual salary by 3% to \u00a31.3 million, and bump his share award to a maximum of 650 percent that amount, with his annual bonus raising to a potential 250% of his salary.<\/p>\n<\/li>\n<li>\n      According to the AstraZeneca annual report, the package would be worth \u00a317.8 million if the company\u2019s share price raises by 50%, and \u00a38.6 million if the stock doesn\u2019t rise.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Read: <\/strong>Under-40s to be offered alternative COVID-19 vaccines to AstraZeneca\u2019s in the U.K.<\/p>\n<div class=\"paywall\">\n       <strong>The outlook: <\/strong>AstraZeneca has been caught in controversy over its COVID-19 vaccine\u2019s safety and delivery problems, but investors remain divided on Soriot\u2019s merits, with some remembering that he successfully fought off a takeover attempt by U.S. Big Pharma competitor Pfizer<br \/>\n        PFE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202877789\/composite\" class=\"positive\">+1.39%<\/bg-quote><br \/>\n       in 2014.<\/p>\n<p><strong>From the archives (March 2021):<\/strong> AstraZeneca sold its stake in Moderna for more than $1 billion, as it looks to develop its own pipeline of drugs<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Pierre Brian\u00e7on\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Pierre_Briancon\"><\/span>Pierre Brian\u00e7on<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D404D32C1FD2%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# AstraZeneca CEO\u2019s pay package contested by investors &#8221; The proposed annual pay package could potentially net Pascal Soriot some $25 million The Investment Association, an influential investors group from the City of London, has come out against the proposed annual pay package of AstraZeneca AZN, +1.44% AZN, -0.23% Chief Executive Pascal Soriot, which could&#8230;<\/p>\n","protected":false},"author":1,"featured_media":246418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-246417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/246417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=246417"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/246417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/246418"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=246417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=246417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=246417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}