Shareholder opposition to high pay of top execs grows

London

COMPANIES are facing increasing investor unease over executive pay as discontent grows about disproportionate compensation.

Anglo American Plc and Shire Plc are among those that may face shareholder pushback in coming weeks when they seek to approve remuneration packages for top executives. That's after investors opposed pay plans at BP Plc and medical-device maker Smith & Nephew Plc last Thursday.