The Advisors' Blog

This blog features wisdom from respected compensation consultants and lawyers

June 25, 2013

Now 51 Say-on-Pay Failures This Year

Broc Romanek, CompensationStandards.com

There have been several more failures during the past week, including:

– Abercrombie & Fitch – Form 8-K (19% – also failed 2012 with 25%)
– Discovery Laboratories – Form 8-K (42%)
– Morgans Hotel Group – Form 8-K (25%)

It is noteworthy that at this time last year, there were 54 failed say-on-pay votes…

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