May 24, 2013
21st-23rd Say-on-Pay Failures: One Gets Single Digit Support!
– Broc Romanek, CompensationStandards.com
Wow, the first company with single digit support for say-on-pay. Alexandria Real Estate Equities wins that distinction as noted in its Form 8-K with only 9% support! It’s a new record low since say-on-pay was born.
And as noted in its Form 8-K, Ultimate Software Group failed with 49% support – and Boston Properties failed (see this Form 8-K) with 19%. Thanks to Karla Bos of ING for the heads up!