As public companies and shareholders gear up for the
first big wave of SEC-required advisory votes on executive compensation, the
frequency of such votes and golden parachute compensation plans in the wake of
the Dodd-Frank Act, the search goes on for best practices and advice.
In the past couple...
by Richard A. Bennett - President and CEO,
Reports from today's Citigroup meeting indicate that, led
by public pension funds, investors rebuffed the company's board in their compensation
decisions. In the non-binding vote, only 45% of shares apparently approved