Luxury
fashion brand Burberry is facing a shareholder revolt at the company's annual
general meeting in London.
Up
to a third of shareholders are thought to be unhappy about the pay package of
Christopher Bailey, who took over as chief executive in May.
Mr
Bailey was granted an annual allowance of £440,000 on top of his £1.1m salary.
When
appointed chief executive, he was also given 500,000 shares in the company,
currently worth more than £7m.
The
Investment Management Association (IMA), has issued an "amber top"
warning about
