LONDON, Feb 9 (Reuters) - Standard Life Investments, thefund arm of insurer Standard Life, said on Thursday ithad voted against the re-election of the board members who setpay at holiday firm Thomas Cook after it disagreed withtheir plans.
SLI, the second-biggest investor in Thomas Cook, with a near13 percent stake, Reuters data showed, said the move followeddisagreement with a plan to introduce a potential payment toexecutives above the normal upper limit set by the pay policy.
"In addition, we opposed the introduction of new elements tothe remuneration plan as we strongly believe these should bedealt with in the existing policy," the statement added. (Reporting by Simon Jessop, editing by Maiya Keidan)
