The chief executive of Berkeley Group has sold shares worth almost £12 million days after the housebuilder suffered a revolt over bosses’ pay.
Rob Perrins, 54, cashed in almost a quarter of his stake yesterday, a stock exchange filing showed.
The move came after an embarrassing annual meeting for Berkeley Group on Friday, when 43 per cent of voting investors opposed the director’s pay policy, despite Berkeley’s efforts to curb executive pay.
The chief executive of Berkeley Group has sold shares worth almost £12 million days after the housebuilder suffered a revolt over bosses’ pay.
Rob Perrins, 54, cashed in almost a quarter of his stake yesterday, a stock exchange filing showed.
The move came after an embarrassing annual meeting for Berkeley Group on Friday, when 43 per cent of voting investors opposed the director’s pay policy, despite Berkeley’s efforts to curb executive pay.
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