Almost 40% of shareholders vote down Novartis board package at AGM after first ever say-on-pay

AGM is first ever advisory vote on remuneration following investor campaign.

Almost 40% of shareholders at Novartis, the giant Swiss pharma company, today (February 22) voted against the company’s board pay after a vocal investor campaign against the CHF25m (€19.4m) market value of the package handed last year to board chairman, Daniel Vasella, and the CH…

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