Talking to a remuneration expert about the pay options available to directors at the top of UK plc
For Cedric Brown, then CEO of British Gas, the executive pay debacle of 1994 was not a happy period. Cedric looked extremely uncomfortable in the spotlight as politicians, shareholders and the media attacked his 'excessive' pay package at every opportunity.
But Cedric's plight meant that companies were falling over each other to ensure their senior executives' pay packages did not attract the same sort of negative attention. And for Peter Brown (no relation), chairman of executive remuneration
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