Metro Bank Investors Urged to Reject Executive Pay Report The recent advisory from Institutional Shareholder Services (ISS) urging investors to reject Metro Bank's pay report highlights ongoing concerns about corporate governance in the UK.
The shareholder value alignment plan (SVAP), which links executive payouts to the bank's share price, has been criticized by ISS not once but twice.
At its core, this controversy illustrates the complex relationship between executive pay and performance. While Metro Bank's chief executive, Dan Frumkin, has seen his pay package more than double to £2.