Bloomberg

(Bloomberg) -- The escalating pay of corporate chiefs has come under increased scrutiny, with shareholders protesting compensation packages across Europe. An analysis of the returns delivered by consumer-goods companies for every 1 million euros ($1.1 million) in compensation doled out found that the CEOs of L’Oreal, Nestle and Reckitt Benckiser are proving quite expensive. “This appears a poor return on investment and highlights shareholders’ frustrations with CEO pay,” said Liberum analyst Robert Waldschmidt.

To contact the reporter on this story: Matthew Boyle in London at mboyle20@bloomberg.net. To contact the editors responsible for this story: Matthew Boyle at mboyle20@bloomberg.net, Paul Jarvis

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