April 2, 2013
5th Say-on-Pay Failure of the Year
– Broc Romanek, CompensationStandards.com
As noted in its Form 8-K, Vermillion is the 5th company holding its annual meeting in 2013 to fail to gain majority support for its say-on-pay (44% support) – although the company’s recent annual meeting was for 2012. Hat tip to Karla Bos of ING Funds for pointing this out!