Yonivore
04-20-2012, 08:49 AM
...when investors get fed up with the compensation packages being given to corporate executives, they'll let them know.
Citigroup Investors Reject Management Compensation Plan (http://www.bloomberg.com/news/2012-04-17/citigroup-shareholders-reject-management-s-compensation-plan-1-.html)
Citigroup Inc. (C) shareholders rejected its executive pay plan, a first among the six largest U.S. banks, amid criticism it lets Chief Executive Officer Vikram Pandit collect millions of dollars in rewards too easily.
Citigroup Investors Reject Management Compensation Plan (http://www.bloomberg.com/news/2012-04-17/citigroup-shareholders-reject-management-s-compensation-plan-1-.html)
Citigroup Inc. (C) shareholders rejected its executive pay plan, a first among the six largest U.S. banks, amid criticism it lets Chief Executive Officer Vikram Pandit collect millions of dollars in rewards too easily.