International Airlines Group (IAG) is attempting to face off a shareholder revolt in relation to disagreements over its chief executive’s share award scheme. The group, which owns British Airways, Iberia, Vueling, Level, and Aer Lingus, is expecting a substantial rebellion at next month’s annual meeting, according to Sky News. Glass Lewis, one of the major proxy voting agencies, has advised its investors to vote against a proposed to increase CEO Luis Gallego’s share awards despite large COVID-19 losses.
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