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compensation

This company successfully thwarted investors’ efforts to reign in executive pay

We recently told you about four companies ignoring their shareholders’ votes. One was Hecla Mining, a silver producer that held the polls open longer than planned when it looked like shareholders were going to reject management’s pay package.

The vote is only advisory, but Hecla’s stalling worked: Instead of failing 49.6% to 46.7%, the company’s say-on-pay vote passed with 53.7% of the vote.

McDonald’s to Costco: You’re too cheap for us

ronald mcdonald mcdonald's

McDonald’s and Costco would seem to have a lot in common, what with their relentless pursuit of cost-conscious consumers in the name of value.

But this month, the fast-food giant snubbed the US warehouse shopping club, dropping it from among two dozen or so competitors, consumer-product companies and retailers that McDonald’s uses to assess executive pay.

When a 20% executive pay cut isn’t as painful as people might think

Air Products CEO John McGlade.

Air Products & Chemicals got some press recently when it was held up as an example of corporate America’s renewed dedication to paying CEOs only if they perform.

Giving a CEO too many stock options can make a company perform worse

Companies that gave their CEOs the most stock options saw their share prices lag behind the industry average over the following 36 months.
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