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...Glass Lewis said it was “unable to recommend that shareholders support this proposal at this time”....
...ISS and Glass Lewis did not immediately respond to requests for comment....
...Here too, ISS and Glass Lewis differ in their advice.ISS is recommending that investors vote in favour of LSEG’s policy. But Glass Lewis believes “the increase is excessive”....
...Glass Lewis branded increases to Soriot’s performance-linked pay package “excessive”....
...Glass Lewis and ISS also recommended shareholders oppose that plan....
...David Lewis, a manager of Jupiter’s Merlin range, which invests in other funds, said during an investor roadshow this week that the firm was considering pulling the money from Ben Whitmore’s mandates when...
...A John Lewis Partnership spokesperson said: “The survey is one important way of hearing how our partners are feeling, which is core to our democratic principles....
...White, who said last year she would leave John Lewis, will “support the transition as required”, the group said on Monday....
...John Lewis said its “plan is working”, as “demonstrated by our return to profit”....
...M&S and John Lewis, they will have to run faster.” M&S cannot afford distractions....
...Sales at John Lewis were down 4 per cent to £4.8bn. Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
...It’s not a PLC plan or a private equity plan.”...
...Just as Dame Sharon White is breaking up with the John Lewis Partnership, many of its once-loyal customers have already left the brand....
...Adrian Lewis, Inchcape’s chief financial officer, said there were several offers for its retail sites and following the deal, Inchcape would largely be a “pure-play” car distribution company....
...In its report, Glass Lewis acknowledged the “extensive consultation process” with shareholders regarding pay that was undertaken by the board in 2023....
...John Lewis declined to comment....
...John Lewis shut 16 stores during the pandemic, cutting the total to 34 as it implements a protracted turnaround plan....
...Others, such as John Lewis, which have suggested they can use shoppers’ brand affection to find success in unrelated sectors should take note....
...The senior John Lewis employee argued the strategy was right, but execution needed to pick up pace....
...“We took extensive steps in the immediate period after the incident to recover and secure the exfiltrated data,” said Capita’s chief executive Adolfo Hernandez, who took over from Jon Lewis in January....
...But we did see one monster move, with the news that Formula One racing driver Lewis Hamilton has signed up with Ferrari from the 2025 season....
...Lewis said: “If these are the only conditions you can keep them in, should they be kept at all?”...
...Murphy said his supermarket was not focused on winning customers from “any one retailer” and brushed off suggestions that the arrival of Tesco veteran Jason Tarry at John Lewis, the owner of Waitrose, would...
...Total group sales were £5.8bn in the six-month period, up 2 per cent year on year, with Waitrose sales up 4 per cent but those at John Lewis down 2 per cent....
...Shareholder adviser Glass Lewis, in a report to investors ahead of the vote, had said the raise was “excessive”....
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