BT hit by shareholder revolt over outgoing chief’s £2.3m pay

At annual meeting 34.2% of investors voted against remuneration report

BT has been hit by a significant shareholder rebellion over its outgoing chief executive Gavin Patterson’s £2.3m pay packet.

At its annual meeting in Edinburgh, 34.2% of investors voted against the telecoms group’s remuneration report, including the payout to Patterson.

Related: Hard Brexit could force Dutch electronics firm Philips to quit UK

Continue reading…