ISS urges revolt over Amundi executive pay - Reports

Paris-based Amundi faces shareholder revolt

Paris-based Amundi faces shareholder revolt

Influential proxy adviser Institutional Shareholder Services (ISS) has urged Amundi shareholders to vote against the CEO's compensation deal at the meeting next week. ISS said Amundi has demonstrated a lack of transparency with regard to the bonus targets of chief executive Yves Perrier, who received a 16% salary rise to €1m last year, as well as a €2m bonus, according to the FT. The proxy adviser, which previously took aim at executive compensation at GAM, said Amundi shareholders "h...

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