Hermes calls for ‘fundamental rethink’ of executive pay

In their report entitled ‘Remuneration Principles: clarifying expectations,’ Hermes Investment Management has echoed recent statements made by the Investment Association by claiming that publicly-listen companies should consider changing their executive remuneration models. Saker Nusseibeh, CEO of Hermes discusses with Investment Week why the firm believes now is the right time for investors and companies to rethink their approach to executive pay.