Tesco had to face the fuming repercussion as its shareholders agitated with the reason of the huge pay package. During the bygone year, the supermarket goliath's chairpersons bagged more than £32million which is known as one of the biggest boardroom roll over prize.
But over and above it depicted only an embarrassing annual meeting held out yesterday for the top leagues at the group eminent for the slogan it chants "every little helps". However four out of 10 of the Tesco's investors united together for the backlash, for voting against the pay policy ramped by the group which led to the one of the massive No to votes for the decade.
Also the anger was fumed and directly proportional to the Tim Mason, who is handling the Fresh & Easy stores in the US. The guy who is known for being Tesco's second highest earner and taking home around £7million in spite the fact the business is running in losses. According to the spokesman, they expressed and shielded that the payout is considerable as the US stores are well known and might be profitable in the future.
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