Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, February 15, 2007

Aflac To Give Shareholders Nonbinding Vote on Exec Pay

Aflac will be the first major U.S. company to give shareholders an advisory vote on executive compensation packages, illustrating the growing power of activist shareholders.  Executive compensation continues to be a hot topic on other fronts.  Barney Frank, Chair of the House Financial Services Committee, announced hearings on March 8 on executive compensation.  See WPost, Score One for Dissent.

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