Virgin Money investors protest against pay plans after CEO lands 89% pay increase
Virgin Money has seen nearly a fifth of shareholders fail to back its pay plans for top bosses after it handed chief executive David Duffy an 89% pay rise last year despite widening losses.
The high street lender – formerly known as CYBG – saw 183.1 million, or 18%, of shareholder votes either made against its pay report or withheld at the annual general meeting.
While withheld votes do not…