News Formal

BlackBerry, CI Financial shareholders reject companies’ approach to executive pay

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The companies did not announce the vote totals at their meetings, but both said they had received less than 50 per cent support

Stockholders at BlackBerry Ltd. and CI Financial Corp. rejected the companies’ approach to executive compensation in “say on pay” votes at their annual shareholder meetings on Wednesday.

According to research by Kingsdale Advisors done at the request of The Globe and Mail, only one company has had say-on-pay failures two years in a row since 2010: Copper Mountain Mining Corp., which flunked in 2019 and 2020. The votes are advisory in nature and non-binding, which means shareholders do not have the power to override a board of director’s compensation decisions.

According to Globe research, CI chief executive Kurt MacAlpine saw one of the largest jumps in total compensation last year for CEOs in the Canadian wealth-management sector. Both ISS and Glass Lewis said CI Financial should have done a better job at disclosure, shareholder engagement and improving the pay plans after the failed 2021 vote.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Twitter board recommends shareholders vote in support of Musk acquisitionTwitter's board of directors has unanimously recommended that the social media company's shareholders vote to approve its sale to Elon Musk, according to a regulatory filing on Tuesday. Money talks. Can’t wait.
출처: CTVNews - 🏆 1. / 99 더 많은 것을 읽으십시오 »