Blog Entries tagged 'say-on-pay'

Say on pay proves to be a dud

stephentaub@yahoo.com — Thu, 26 May 2011 23:00:00 +0100

So much for Say on Pay being a game changer.

As I have been asserting for over a year, the advisory vote over whether to approve a company's executive compensation table has become something of a dud.

With shareholders of more than 62 percent of companies having had their chance to express their sentiments on the issue, just a majority of shareholders voting at 26 companies voted "no" so far this proxy season, according to sharkrepellent.net.

This [...]

Union: Just say no to drugs pay

stephentaub@yahoo.com — Mon, 11 Apr 2011 23:00:00 +0100

The investment fund of a major union activist is targeting the pay packages of two major pharmaceutical companies.

The American Federation of State, County and Municipal Employees (AFSCME), the largest public employee and health care workers union in the United States, is recommending that shareholders of both Pfizer and Johnson & Johnson vote against the executive compensation proposals at the annual meetings of both companies, which take place on April 28.

The union st [...]

AFSCME files shareholder votes at 27 companies

stephentaub@yahoo.com — Mon, 24 Jan 2011 23:00:00 +0100

It's all about pay.

When shareholders gather at this year's annual meetings, executive compensation figures to be the number one issue on the proxy. This is partly because the Dodd-Frank Act requires all companies whose annual meetings take place after January 21, 2011 to hold so-called Say on Pay votes on their Compensation Discussion and Analysis (CD&A)-an advisory non-binding up-or-down vote. They also will be required to vote on whether the company should hold future [...]

Companies unprepared for "say-on-pay" provision

sdnn@rcn.com — Wed, 30 Jun 2010 23:00:00 +0100

Companies are either surprised by the say-on-pay provision in the financial reform bill or dismissing its importance, judging from a new Towers Watson survey.

It found that only 12 percent of respondents said they are very well prepared for the say-on-pay legislation, while 46 percent said they were somewhat prepared. Some 22 percent said they didn't know if their companies were ready.

The financial reform legislation awaiting final action in the House and Senate includes a sa [...]