Standard Life Defends Chief Executive's Stewardship of Group

The HeraldApril 06, 2004

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Summary


STANDARD Life expects to comfortably ride out any investor backlash over execut-ive pay at its annual meeting tomorrow following last week's u-turn on demutualisation.

The insurer also leapt to the defence of Sandy Crombie, chief executive, last night as the flak continued to fly over the board's stewardship of the group.

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Extract


Standard Life Defends Chief Executive's Stewardship of Group

One report yesterday suggested that up to 250,000 of the group's 2.5 million members will vote against the remuneration repor...

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