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Almost a third of M&S shareholders vote against Steve Rowe’s bonus pay

The retailer added its board is โ€˜convinced that the majority of shareholders were right in their judgement on this issueโ€™

M&S experienced a shareholder revolt at its AGM meeting yesterday (5 July) after almost a third voted against its remuneration report that included a ยฃ2.6m paypacket to outgoing CEO Steve Rowe.

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