Shareholders Pass Executive Pay Advisory Proposal
- March 4th, 2008 - 8.10 pm UTC
- Apple Financial News, Apple News
- Alex Brooks
On Tuesday Apple announced that at its annual meeting with shareholders a proposal was passed “in favor of an annual advisory vote by shareholders on executive compensation,”
The proposal had been opposed by the board of directors. It urged the board to put up to shareholders a nonbinding resolution each year regarding pay of top executives. Reports Reuters.
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