Cairo’s salaries indigesti for large investors

Past and future salaries of Urban Cairo, the Board of Directors, the statutory audit council and the leading managers of the Listed Communication of Cairo (who controls the RCS MediaGroup Publisher, among other things, from “Corriere della Sera”) did not like them for major international investors. It can be discovered by reading the May 8 meeting report of the company called, among other things, to approve the 2024 budget.

If the balance was approved by the very large majority, point 2 of the assembly was related to the council’s compensation policies, both on salaries and the bonuses provided in 2024 (point 2.1), including the 3.5 million between the fixed variables and the variables collected by Cairo and those expected this year (point 2.2). The points were, however, approved with 140 million voting rights (thanks to the 139 million voting rights in the hands of Cairo), but voting rights increased to over 9.7 million of 8.7 million last year. Among those “no”, in addition to many foreign funds, managers of the California teachers’ pension fund, Oregon’s public officials and the UN team.

Source: IL Tempo

\