Shareholders revolt at Stobart's bonus scheme Shareholders are understood to be angered over a bonus scheme that could see directors, led by the chief executive, Andrew Tinkler, handed shares worth roughly 10pc of Stobart's market capitalisation, dependant on performance. A restructuring of Stobart's chilled operation has resulted in "further costs," the company said. Stobart shares dropped 1.9 to 114½p. Stobart's biomass division has also been struggling. The company said the business had "experienced modestly lower than expected export volumes." The company faces a key decision in the next few weeks, on disputed planning permission for the redevelopment of Carlisle Airport. Stobart is seeking to start commercial flights from the airport, a move which is opposed by certain sections of the local population. In its trading update the company said another of its airports, Southend, handled 172,000 passengers in the last three months. The airport recently started handling easyJet and Aer Lingus flights. The company said: "The group has continued to make progress across all divisions in the current year with the majority of divisions trading ahead of the previous year. The board remains confident on delivering the strategy over the next three years. The majority of resolutions at the annual meeting were passed comfortably, Stobart said.