icWales (Free subscription) | 05/01/2009
HOUSEBUILDER Bellway, which recently mothballed two exclusive developers in Cardiff, is set to clash with investors after ditching previous performance targets to pay out huge bonuses to directors, it emerged yesterday.
Financial Time (Free subscription) | 04/01/2009
Bellway, the UK's fourth-largest housebuilder, is facing a revolt from shareholders after it paid more than £630,000 to top executives in spite of a sharp fall in its share price last year
BBC News (Free subscription) | 04/01/2009
Housebuilder Bellway looks set to clash with investors after a shareholder watchdog raised concerns over bonuses.
Channel 4 (Free subscription) | 04/01/2009
Bellway warned over bumper bonuses
Scotsman.com (Free subscription) | 05/01/2009
BELLWAY could face a shareholder revolt after the housebuilder awarded three top executives bonuses worth £600,000, despite plunging sales and profits last year.
The Telegraph (Free subscription) | 04/01/2009
The directors of Bellway one of Britain's biggest housebuilders are facing a shareholder revolt and public accusations of "fatcattery".
Reuters UK (Free subscription) | 04/01/2009
LONDON (Reuters) - An investor group has attacked housebuilder Bellway over plans to award directors substantial bonuses at a time when lack of credit and rising unemployment have resulted in a slumping property market.
Financial Time (Free subscription) | 06/01/2009
UK boards must avoid the appearance of rewarding failure when approving executive compensation plans this year, lest they spark a political and regulatory backlash that could doom pay for performance, investor groups warned yesterday.A day after the Association of British Insurers issued a rare "red top" alert over bonus pay-outs at housebuilder Bellway, Peter Montagnon, ABI's director of investment...
Financial Time (Free subscription) | 06/01/2009
UK boards must avoid the appearance of rewarding failure when approving executive compensation plans this year, lest they spark a political and regulatory backlash that could doom pay for performance, investor groups warned yesterday.A day after the Association of British Insurers issued a rare "red top alert" over bonus pay-outs at housebuilder Bellway, Peter Montagnon, the ABI's director of...
