January 26, 2015
Say-on-Pay: How ’14 Fared – 60 Failures
– Broc Romanek, CompensationStandards.com
Here’s the final tally of say-on-pay votes from this Semler Brossy report. The report notes that a majority of companies continued to pass say-on-pay with substantial shareholder support: approximately 92% of companies passed with over 70% shareholder approval – and 60 companies failed out of the Russell 3000 (2.4%).
And from a while back, as noted in this WSJ article (in which I am quoted), Oracle lost their say-on-pay vote for the third year in a row…