How often do I have to repeat this: it is the financial intermediaries, aka investor fiduciaries, who approved the Pay for the senior GE executives - and most other C-suite staffers. The REAL investors have no say in this matter and the whole corporate governance movement is at best a fig-leaf, at worst a circus to entertain the ordinary citizen watching helplessly.
(9-May-2019)
GE Investors Approve Executive Pay, Reject Independent Chairman
As we have chronicled in this blog and on PracticalESG.com, a number of
lawsuits seeking to challenge the SEC’s climate disclosure rules have been
filed in...
16 hours ago
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