Switzerland: remuneration survey and say on pay

Ethos has published a survey of board remuneration for 2010 in the 48 largest Swiss listed companies. A summary of the findings, in English, is available here and the survey report is available here (in French and German). Ethos notes that 27 of the 48 companies have proposed an advisory vote regarding the remuneration report at their 2011 annual general meeting. Ethos also notes that for the first time in Switzerland a remuneration report was rejected by the shareholders: the vote took place at the annual general meeting of Weatherford International earlier this year (the voting results are available here).