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Burberry chief faces £12.2m bonus vote amid climate target delay
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Burberry chief faces £12.2m bonus vote amid climate target delay
Burberry has proposed an executive pay overhaul that could see chief executive Joshua Schulman earn up to £12.2m, as the British luxury brand delays its long-term net-zero targets by 10 years. Under a new Directors’ Remuneration Policy set for shareholder approval at the July 2026 AGM, the company plans to introduce Performance Share Plan (PSP) awards to complement existing restricted shares. For Schulman, this results in a new maximum PSP opp…
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