Boohoo is facing shareholder backlash over a lack of clarity on executive pay, with ISS and Glass Lewis advising against the pay report. Boohoo failed to confirm a £2m bonus for CEO Dan Finley. Frasers Group, led by Mike Ashley, also challenged Boohoo’s chairman over a recent loan deal. Last year, Ashley sought to install himself as Boohoo’s CEO but was rejected. Boohoo reported record losses last month, prompting a focus on turnaround strategy. The company’s remuneration policy aligns with leadership retention and turnaround goals.

Read more at Yahoo Finance.: Boohoo faces showdown at shareholder meeting