No images? Click here ![]() Executive briefing – March 2022Welcome to the 2022 AGM seasonBackdrop We entered 2022 under the spectre of Omicron although, thankfully, it quickly became apparent that its consequences would be less severe than at first feared. However, this first wave of optimism has since been overtaken by the war in Ukraine and rising inflation. From an executive pay perspective, it is too early to meaningfully comment on December year-end results but analysis of September onwards year-ends including a handful of early reporting December year-ends suggests:
A number of companies are facing increased pressure for talent from PE-backed companies and all of this has been building towards what may well be another difficult AGM season. Yesterday, the IA issued additional guidelines in response to the negative impact of the war in Ukraine on certain share prices. In particular, it calls for:
If you wish to discuss anything arising from this briefing, please ask your usual contact at FIT or call us on 020 7034 1111 or email us at Info@fit-rem.com. Rory Cray Darrell Hare Matt Higgins John Lee Sahul Patel Iain Scott Katharine Turner Matthew Ward This paper is intended to be a summary of key issues but is not comprehensive and does not constitute advice. No legal responsibility is accepted as a result of reliance on the contents of this paper. This email is confidential. If you are not the intended recipient, please delete the email and do not use it in any way. FIT Remuneration Consultants LLP (FIT) does not accept or assume responsibility for any use of or reliance on this email by anyone, other than the intended addressee to the extent agreed in the relevant contract for the matter to which this email relates (if any). Consistent with data protection regulations, if you would like to review our records relating to your contact details or to request their removal from our systems, please contact us at info@fit-rem.com. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening or use of this message and any attachments will not adversely affect its systems or data. No responsibility is accepted by FIT in this regard. FIT is a limited liability partnership registered in England under registered number OC364396, with its registered address at 1 Duke Street, London, W1U 3EA. |