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Wizz Air shareholders have voted down its directors’ executive pay for the year

Wizz Air shareholders have voted down its directors’ executive pay for the year, a week after shareholders raised concerns about a possible bonus payment to its chief executive.

CEO Jozsef Varadi was set to receive a 485,000 Euro bonus despite #wizzair missing its profit target for the year to 31 March.

More than half of the airline’s shareholders – 51.63 percent – voted against the directors’ remuneration report at its AGM, the firm said today.

https://bit.ly/3hK93Bi

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