|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||8.08 - 8.08|
|52-week range||4.01 - 8.08|
|Beta (5Y monthly)||1.94|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
LONDON (Reuters) -Shareholders in British sportswear retailer Frasers Group on Wednesday backed a new executive share scheme which could earn chief executive designate Michael Murray 100 million pounds ($137 million). Frasers, which was formerly called Sports Direct and is controlled by founder Mike Ashley, said last month that Murray would succeed Ashley as CEO on May 1 next year. Murray, currently Frasers' "head of elevation", is the partner of Ashley's daughter.
Frasers Group could face shareholder revolt over new CEO’s £100m bonus. Advisory groups advise voting against remuneration plan, flagging ‘excessive payouts’
Michael Murray, Frasers Group’s incoming chief executive due to replace Mike Ashley, could earn up to £100m in shares on top of his salary.