A group of members of consumer charity Which? are seeking to impose limits to executive pay and bonuses, as well as greater transparency over contracts awarded to trustee-owned companies.
Around 90 members of the charity have sought to introduce ten resolutions at the charity’s next annual general meeting.
One resolution seeks to limit executive pay and bonuses to 500 times the UK weekly wage – around £286,000 a year – after four staff in senior roles were offered £2.4m in bonuses in 2013, despite already receiving basic pay of up to £340,000.
Other resolutions seek to require the charity to report any trustee interest in a company which delivers services to Which?
Members expressed concerns about a £500,000-a-year contract with a company called Verve Partners, which former Which? chair Patrick Barwise owns shares in. The contract has now concluded.
For the resolutions to be put, they will require the support of 5 per cent of the membership – currently just over 300 members.
A Which spokesman said: "We consider all resolutions submitted by our ordinary members."
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