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
Hat tip to Aon’s Karla Bos for alerting us that State Street Global
Advisors has released its “Global Proxy Voting & Engagement Policy” –
effective for vot...
1 day ago
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