Shareholders back ICG board and pay levels

Shareholders in Irish Ferries-owner Irish Continental Group (ICG) have unanimously backed under-fire chairman John B. McGuckian and supported the group's executive pay policy.

Earlier this week, shareholder advisory firm Glass Lewis called for a qualified and independent non-executive director to be appointed ICG chairperson. However, it stopped short of calling for shareholders to vote against Mr McGuckian's re-election at the group's AGM.