Amvescap CEO pay slashed after protest

The chief executive of Anglo-US fund manager Amvescap's pay halved last year after investors registered protests against the company's executive compensation.

Martin Flanagan was paid a total of $5.7m (€4.2m) in 2006, down from $14.2m the previous year, according to the company's annual report.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire