BG group set shareholder vote on new chief exec pay
BG GROUP has scheduled a general meeting next month which will see shareholders vote on its new chief executive’s performance-linked shares deal worth up to £12million.
Helge Lund will begin at the BG group next year
Former Statoil chief executive Helge Lund is set to begin at the British oil and gas producer in March next year.
His performance-linked pay requires shareholder approval.
BG announced Lund’s appointment last month.
His £29million deal includes salary of £2million a year and the share award of up to £12million if he hits performance targets.