BG slashes new CEO's pay package after shareholder revolt

LONDON (Reuters) - BG Group has reduced the remuneration package for its incoming chief executive Helge Lund following one of Britain's biggest shareholder revolts in recent years, sending its shares down around 4 percent. Ex-Statoil Chief Executive Lund, who is expected to take over at the helm of Britain's third-biggest energy firm on March 2, will see his share award shrink from around 10 million pounds to 4.7 million pounds, after investors complained about plans to sidestep the company's usual remuneration policy. ... Read More http://ift.tt/1y7xGNK