Verizon Shareholders' Vote On Execs' Pay Too Close to Call
The Record, Bergen County, NJ › May 04, 2007
Linked as:
Summary
Verizon Communications Inc., which paid Chief Executive Officer Ivan Seidenberg $21.3 million last year, said a shareholder vote on a proposal to give investors a say in executive pay decisions is too close to call.
Preliminary results showed the plan was narrowly defeated, and a final tabulation will be needed to determine the outcome, Verizon said Thursday in a statement after its annual meeting in Pittsburgh.See the full content of this document
Extract
Verizon Shareholders' Vote On Execs' Pay Too Close to Call
Two more governance measures came close to passing, winning 47 percent of the vote and underscoring recent outcries for more oversight.
Verizon, the second-largest U.S....See the full content of this document
Sponsored links
