Wednesday, 16 May 2007

Low oppose vote at Shell

Not much to shout about at Shell's AGM. The oppose votes and abstentions only accounted for about 6.5% of the total of the vote on the company's remuneration report. On the other hand the bloke from ABN Amro who was supposed to be standing as an independent withdrew just before the meeting. This was in response to pressure from Dutch pension fund ABP and others, in relation to his poor handling of the sale of ABN.

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