May 16, 2013
12th-13th Say-on-Pay Failures of the Year
– Broc Romanek, CompensationStandards.com
As noted in its Form 8-K, Patriot Scientific is the 12th company holding an annual meeting in 2013 to fail to gain majority support for its say-on-pay (46% support). And as noted in its Form 8-K, Gentiva Health Services is the 13th company (37% support – and also failed last year with 37% support). Thanks to Karla Bos of ING for the heads up!