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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

AstraZeneca CEO’s £18.7m pay approved despite shareholder rebellion

AstraZeneca Pascal Soriot
Pascal Soriot speaking at a podium bearing the sign 'Invest in China Summit 2024'
Pascal Soriot, chief executive of AstraZeneca, has received nearly £120m in his 10 years in the role. Photograph: Tingshu Wang/Reuters

AstraZeneca has suffered a shareholder rebellion against an £18.7m pay packet for the pharmaceutical company’s chief executive, Pascal Soriot, with more than a third of votes cast opposing the deal.

At its annual meeting in London 35.5% rejected the company’s remuneration policy, rising to 38.5% including withheld votes. In addition 34.7% voted against amendments to the company’s performance share plan.

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