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Burberry bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold are very angry about a planned bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold package for its newly-appointed CEO. They rejected a bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold at the company's annual general bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold to provide Christopher Bailey with a multi-million-dollar pay bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold. The vote was 52.7 per cent against the bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold. Executives wanted to hand Mr Bailey a $12.3 million "golden bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold", an annual salary of up to $17 million and shares worth up to $33 million by 2018. The bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold have been called "golden handcuffs" to stop him from joining a bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold company. He will also receive add-ons for pensions and performance bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold.

Burberry chairman Sir John Peace defended the package and was " bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold" with shareholders. He said: "I want to understand why they felt so bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold." He said the packages for Bailey and his bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold were to keep "world-class bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold" at the company. Under the bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold CEO's bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold, the company's bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold increased to over $3.4 billion, and shares increased bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold to $12 billion. Peace said many companies would pay Mr Bailey a lot bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold. He added that Bailey was "worth every bonusesdealdisappointedexecutivesformerguidancehellomeetingmorepaypennypredecessorproposalrivalsalesshareholderssharesstronglythreefold". Bailey joined Burberry in 2001 as Design Director and became Creative Director in 2004.