Travis Perkins Faces Shareholder Concerns Over Remuneration Plan

Travis Perkins (GB:TPK) has released an update.

Travis Perkins has announced the results of its 2024 Annual General Meeting, where a significant majority of shareholders supported the company’s Directors’ Remuneration Policy but showed concerns over its Restricted Share Plan (RSP). Despite some dissent, Travis Perkins believes the RSP is vital for aligning management and shareholder interests and plans to uphold the policy, continuing to engage with shareholders on remuneration matters. The company has also appointed Geoff Drabble as a Non-executive Director and Chair Designate following Jasmine Whitbread’s departure from the board.

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