January 26, 2012
Off & Running: 1st Say-on-Pay Failure of the Year
– Broc Romanek, CompensationStandards.com
As noted in its Form 8-K, Actuant is the first company holding its annual meeting in 2012 to fail to gain majority support for its say-on-pay with only 46% voting in favor. A list of the Form 8-Ks filed by the “failed” companies is posted in the “Say-on-Pay” Practice Area.