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Worth Reading … Say on Pay, CD&A Guidance

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...

Citigroup Rebuff Should Surprise Nobody

by Richard A. Bennett - President and CEO, GMI Ratings 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 board's...