Kier investors vote down executive pay report

By Hamish Champ2019-11-18T13:10:00

Revolt sees more than half rebel against pay packets of top managers

Kier investors directed their anger at the firm’s executive board last week by voting in droves against pay packages being lined up for the troubled contractor’s senior managers.

Shares in Kier have crashed from a peak of £14.82 in February 2017 to 89p last week and at the firm’s AGM last Friday nearly 54% of shareholders voted against a resolution to rubber-stamp director’s remuneration for the year to the end of June 2019.

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