Reuters Execs Get Pay Boost

VENDOR UPDATE

LONDON--Reuters could raise the hackles of shareholders this year as a result of rising financial rewards for its top executives such as an 11 percent jump in remuneration for the CEO and the near doubling of the salary for the recently designated next chairman.

The vendor disclosed the salary and bonus boosts last week--all despite revenue shortfalls for last year.

However, investors may be mollified by the strong performance of the vendor's share price over the last 12 months. The price has

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