June 12, 2012
Say-on-Pay: Now 49 Failures – And 4 Companies Fail In Two Consecutive Years
– Broc Romanek, CompensationStandards.com
I’ve added 10 more companies to our failed say-on-pay list for 2012! We are now at 49 companies that have failed to garner major support – with Nabor Industries becoming the fourth company to fail for two consecutive years (and the first company to fail a proxy access by-law vote). Hat tip to Karla Bos of ING Funds for keeping me updated!