« SEC Posts FAQ on Title I of JOBS Act | Main | FINRA Proposes Expungement Procedures for Unnamed Brokers »

April 17, 2012

Citigroup Shareholders Vote No on Executive Pay

At the Citigroup annual meeting, shareholders disapproved of the company's plan to pay $15 million in compensation to CEO Vikram Pandit.  The nonbinding shareholder vote, required by Dodd-Frank, is the first time shareholders at a large financial institution voted against a board's compensation plan.  NYTimes, Citigroup Shareholders Reject Executive Pay Plan

April 17, 2012 in News Stories | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef0168ea472c36970c

Listed below are links to weblogs that reference Citigroup Shareholders Vote No on Executive Pay:

Comments

Post a comment