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BlackRock to Vote in Favor of Persimmon Pay Report

Stock Market Quotes and News

(Reuters) - Persimmon looks set to avoid another backlash over executive pay after its largest shareholder BlackRock voted in support of the housebuilder's remuneration report, Sky News reported on Wednesday. The report said BlackRock has backed Persimmon's board ahead of an annual general meeting on Wednesday at which shareholders will vote on the remuneration report, which disclosed that new Chief Executive Dave Jenkinson was paid‎ almost 25 million pounds ($32.67 million) last year...

Mentions: Sky Persimmon Board of Directors