Not exact matches
The challenge claimed that a majority of
shareholders did not
support the authorization, at the 2013 annual meeting, of an increase in the number of shares used to reward Souki and other executives; the very increase that made Souki the
highest paid CEO in America (he received 6.3 million shares in February 2013).
Sky -
high paychecks and perks,
supported by blind
shareholders, re-enforce that sense of CEO exceptionalism, which only leads to more problems.
Given the
high level of discontent expressed on the say - on pay proposal last year, when 56.6 % of non-state
shareholders voted against, securing
support for the proposed remuneration policy may be a challenge.
Shareholders of Pearson PLC, the world's largest education company, «overwhelmingly rejected» a resolution that «sought a six - month business review of Pearson's policies, including its «
support of
high - stakes testing.
That's why a lot of us tend to invest in companies like PG, JNJ, KMI, PM, MO, T etc because those companies have pretty wide moats / competitive advantages, long histories of dividend raises,
shareholder support and solid revenue, cost controls = > positive net income and generally healthy operating cash flow, sometimes
high amounts of free cash flow after capital investment.
In fact, probably the best thing
shareholders could do is
support a new option programme for the CEO & board — awards should be far more generous (but based on a strike price substantially
higher than today's share price), if they're intended to incentivize management appropriately.