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Multiple Say-on-Pay Failures Reveal Common Themes
Towers Watson Link to more items from this source
May 22, 2014

"[W]hile these companies often engaged with shareholders following an earlier failed vote, those engagement activities and/or compensation program changes often fell short of fully addressing shareholder concerns.... [I]nfluence is often concentrated with the CEO, who was frequently the company founder or occupied both the CEO and board chairman roles with no additional independent board leadership."

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