Kier shareholders rebel over chief executive’s pay rise
Kier has suffered a major shareholder backlash after chief executive Andrew Davies’ pay package jumped by around 70%.
Around 44% of Kier’s shareholders voted against the directors’ pay report at the firm’s AGM late last week.
Davies saw his total pay including bonus and long-term incentive plan rise to £2,245,000 this year from £1,323,000 in 2021.
His basic salary rose 26% to £750,000 from £595,000 the year before.The AGM vote was only advisory and
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