SEC: Shareholders get more say on pay
Shareholders will get a bigger say in executive pay under rule amendments approved recently by the SEC. Among…
Shareholders will get a bigger say in executive pay under rule amendments approved recently by the SEC. Among the rules’ provisions: Public companies will be required to give shareholders an advisory vote on executive compensation, the desired frequency of those votes and so-called golden parachutes in merger transactions. The effective date of the amendments is April 4. For more details, read Shareholder Approval of Executive Compensation and Golden Parachute Compensation.
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