The Advisors' Blog

This blog features wisdom from respected compensation consultants and lawyers

May 17, 2013

Heinz Shareholders Reject Say-on-Parachute

Broc Romanek, CompensationStandards.com

As noted in this Pittsburgh Post-Gazette article, Heinz shareholders recently voted down the company’s say-on-parachute – but the deal is going forward anyways. Here’s the related Form 8-K – and here’s my list of failed say-on-parachutes so far. Here’s a WSJ article about it…