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KEYWORD "Remuneration" - 41 RESULTS
Foxtons to review policy on ‘furlough bonuses’ for senior management

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

29 September 2021

From: Breaking News

Purplebricks executive bonuses given massive shareholder support

Shareholders in Purplebricks have given overwhelming backing to the company’s remuneration policy - including substantial bonuses for senior executives which had...

29 September 2021

From: Breaking News

Interim RICS boss gives salary to charity as body seeks forgiveness

The independent review into the RICS scandal of recent months and how the governance of the body failed, has thrown up...

10 September 2021

From: Breaking News

Executive Pay - Purplebricks shareholders get date for key vote

A date has been set for Purplebricks’ shareholders to give their verdict on a controversial remuneration package given to the agency’s...

25 August 2021

From: Breaking News

Purplebricks exec directors’ bonuses increase five-fold in 2021

Purplebricks’ annual report has revealed that a short term bonus scheme to provide incentives for executive directors to meet financial and...

28 July 2021

From: Breaking News

Propertymark’s names non-execs from outside property world

Propertymark has named two new non-executive directors described as having “a wealth of knowledge and independence.” A statement says their appointments “will expand...

29 June 2021

From: Breaking News

£1m bonus package for Foxtons boss despite huge shareholder rebellion

Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...

23 April 2021

From: Breaking News

Foxtons Fat Cats: Has the company been milking the taxpayer?

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...

15 April 2021

From: Breaking News

Agency chief executive forsakes £1m in bonuses during Covid

The annual report of a major estate agency has revealed that its chief executive took two large cuts to bonus payments...

08 April 2021

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Foxtons’ management bonuses stay after ‘voting problem’ revealed

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

09 November 2020

From: Breaking News

Countrywide Civil War: company hits back at shareholder’s claim

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

20 August 2020

From: Breaking News

Countrywide “may not survive” warns one of its biggest investors

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...

12 July 2020

From: Breaking News

Shareholder ‘mini-revolt’ over Countrywide’s top brass pay

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

30 June 2020

From: Breaking News

Foxtons says latest shareholder rebellion over bonuses is “satisfactory”

Foxtons - which has recently closed branches and furloughed staff - has described a shareholder rebellion over senior management bonuses and pay...

14 May 2020

From: Breaking News

Shareholders say yes to Rightmove despite ongoing agency criticism

Rightmove’s shareholders appear to have been generally unmoved by the string of protests against the portal in recent weeks. At the portal’s...

05 May 2020

From: Breaking News

Countrywide senior staff have pay cut as 78% of workforce furloughed

Countrywide’s senior staff earning over £45,000 per year have had their pay cut by a fifth while some 78 per cent...

30 April 2020

From: Breaking News

Foxtons AGM goes virtual with new management bonus scheme on agenda

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

21 April 2020

From: Breaking News

Foxtons furloughs 750 staff and slashes pay for high earners

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

17 April 2020

From: Breaking News

OnTheMarket furloughs over 20% of staff and defers credit arrangements

OnTheMaket has this morning announced a raft of what it calls ‘mitigating measures’ to help it survive the Coronavirus crisis. These include...

15 April 2020

From: Breaking News

Fund-raising lifeline thrown to Countrywide, Purplebricks and others

New temporary rules have thrown a lifeline to troubled agencies like Countrywide and Purplebricks which may need to raise additional funds...

09 April 2020

From: Breaking News

High profile Savills veteran joins OnTheMarket board

Rupert Sebag-Montefiore has this morning been named as a non-executive director of OnTheMarket. He will also serve as chairman of the portal’s...

27 February 2020

From: Breaking News

Countrywide, two years after Platt - time for the last rites?

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

11 January 2020

From: Features

Foxtons bonus row: pay chief steps down with immediate effect

Foxtons has revealed that the chair of the troubled agency’s remuneration committee has stood down with immediate effect. This are also unconfirmed...

15 November 2019

From: Breaking News

Foxtons Fat Cats: new bonus policy created after shareholders’ revolt

Troubled London estate agency Foxtons says it has rewritten its remuneration policy for its senior management following a shareholder revolt at...

14 November 2019

From: Breaking News

Property Jobs Today - we’re back with the latest industry moves

It’s been two weeks since our last PJT, thanks to the Bank Holiday, so there’s plenty of news in today’s edition. If...

02 September 2019

From: Breaking News

It Might Not Be A Popular Opinion But…

Innovate or Die. But What is Innovation? It Isn’t just PropTech A certain Mr Dick Whittington Esquire was once convinced that the...

22 August 2019

From: Features

Online firm says its agents could earn ‘unlimited monthly income’

An online agency which last autumn said it wanted to have as much as a three per cent market share of...

23 July 2019

From: Breaking News

‘Steer clear of Foxtons’ - investors urged to stay away

A writer for the influential financial publication Money Week says investors should “steer clear” of Foxtons - at least for now. Sarah...

04 June 2019

From: Breaking News

Fury at Foxtons: Investor revolt at ‘fat cat’ bonuses, finance chief goes

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...

21 May 2019

From: Breaking News

Countrywide’s new pay chief takes over as share price hits another low

Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row...

01 May 2019

From: Breaking News

Countrywide pay chief quits after ‘Fat Cats' controversy

Countrywide, which was hit by a row over executive pay during the summer, is now on the look out for a...

06 December 2018

From: Breaking News

Countrywide management backed by shareholders in bid for new funds

Countrywide’s embattled management leaders have been overwhelmingly backed by shareholders in their bid for additional funding. A General Meeting of shareholders was held...

28 August 2018

From: Breaking News

Countrywide reported to be facing fresh financial crisis

Sky News is reporting that Countrywide faces a new crisis - this time over senior management remuneration, particularly for its executive...

16 August 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Countrywide reveals the costs of Alison Platt's 'retail revolution'

Countrywide’s 132-page annual report, released today, has given details of the management and restructuring costs incurred by the company during its...

21 March 2018

From: Breaking News

Platt's legacy - Countrywide's recent torrid years

It is now an industry truism to say that Alison Platt has transformed Countrywide - but recent evidence, and now doubt...

23 January 2018

From: Breaking News

Countrywide non-executive director quits - no reason given

The latest departure from troubled estate agency group Countrywide is non-executive director Richard Adam, who was chair of the audit and...

06 October 2017

From: Breaking News

Purplebricks perk: £20,000 turns into £2.8m for agency's finance chief

The Daily Mail is reporting that the finance chief at much-discussed hybrid agency Purplebricks has purchased shares that are now worth...

21 June 2016

From: Breaking News

Sleazy does it: why estate agency needs to get a better look

It’s all too easy to look sleazy in the eyes of a sceptical world, and there’s a danger right now that...

08 April 2016

From: Features

Zoopla reports rise in estate agency membership and listings

Zoopla is back in business with its trading update to the City this morning revealing that it has a net growth...

12 August 2015

From: Breaking News

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