March 1, 2013
3rd Say-on-Pay Failure of the Year
– Broc Romanek, CompensationStandards.com
As noted in its Form 8-K, Nuance Communications is the 3rd company this year to fail to gain majority support for its say-on-pay. Actually, this was the 1st company – I just missed it – but now there is a total of three for ’13. Hat tip to Jim Kroll of Towers Watson for pointing this out!