"either an idiot... or possessed of a dangerous agenda and very cunning"
Monday, 2 August 2010
Interesting vote at Invensys
On the remuneration report, AGM results here. Looks like a high, but not very high vote against on the face of it. But look at the total votes on the resolution, they are way lower (as in over 220m votes lower) than on the other resolutions. That suggests a big block of abstains, and in fact if you assume a similar turnout on the rem report to the other resolutions this looks like another report that passed on minority active support.