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Ted Baker Faces Investor Revolt Over Executive Pay, Times Says

BNN Bloomberg

(Bloomberg) -- Ted Baker Plc is facing a revolt against controversial plans to increase executive pay as the company fights for survival, the Sunday Times reported. Institutional Shareholder Services Inc. recommended that investors vote down the retailer’s remuneration policy at its annual general meeting next week, the paper reported. The advisory firm says the company’s decision to increase executive salaries and bonuses is not justified...

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