British Airways owner IAG is facing opposition from advisors to pension funds and asset managers, Glass Lewis, Minerva Analytics and Institutional Shareholder Services, to its plans to boost chief executive officer Luis Gallego's share awards. All three have labelled the package as "excessive" and have urged shareholders to vote against it. Gallego did take a "significant" salary cut in 2021 but with the new package he stands to make £4,682,500 if he hits all his targets for 2022. Gallego had also foregone his bonuses for 2020-21, alongside voluntary salary cuts for both those years. His salary, as a ratio of that of the average employee, is 20, one of the lowest in the FTSE 100. - Financial Mail on Sunday