UniCredit's top investor BlackRock voted against CEO pay

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By Vivian in Business
Updated 3 years ago

UniCredit's (CRDI.MI) largest investor BlackRock (BLK.N) voted against the remuneration package that last month turned the Italian bank's new boss Andrea Orcel into one of Europe's highest paid bank chiefs, a document showed on Thursday. Orcel narrowly avoided a shareholder revolt against his pay package worth up to 7.5 million...

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