NEW YORK, Feb. 9 /PRNewswire/ -- Today, the Working Group on Advisory
Vote on Executive Pay Disclosure met for the first time. This group, which
is composed of interested institutional investors and major companies,
examined various aspects of the practice of giving shareholders the
opportunity to cast an advisory vote on executive pay, which is currently
in place in the United Kingdom and several other countries. The
participants identified a number of matters requiring further data and
analysis and will continue to discuss whether and how such an advisory vote
might be implemented in the United States.
SOURCE Working Group on Advisory Vote on Executive Pay Disclosure
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CONTACT:
Richard Ferlauto, Rferlauto@afsme.org, or Tim
Smith, tsmith@bostontrust.com, or Margaret Foran,
peggy.foran@pfizer.com, all for Working Group on Advisory Vote on
Executive Pay Disclosure
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