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Birmingham Post

Business

Jon Robinson

Carr's Group shareholders revolt over executive bonuses

Shareholders in agricultural and engineering firm Carr's Group have staged a revolt over how much top executive receive in bonuses.

The Carlisle-headquartered group held a general meeting earlier today (May 2) where over 23% of voting shareholders refused to back the group's remuneration report.

Ahead of the meeting, the group had told shareholders that the board "considers that appropriate executive remuneration plays a vital part in helping to achieve the company’s overall objectives".

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