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Chastened by Shareholders, Company Turns Against Others' Pay Plans
The investment arm of Aviva, an insurance group, has voted on hundreds of other companies– remuneration reports.
May 23, 2012
It's being called a "Shareholder Spring" as investors rise up in anger at overpaid boards of directors - particularly those whose performance is not regarded as up to scratch. When Aviva, a U.K.-based insurance group, suffered a humiliating vote against its proposed executive pay plan at its annual general meeting in early May, the damage to the company's reputation was so great that the chief executive felt compelled to resign. It's a story with lessons for any CFO whose role involves investor relations or whose pay deal is open to a shareholder vote. Read more...
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U.K. Investor Shake-ups Put CFOs in the Spotlight
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The lack of disclosure at Chesapeake indicates it's time to force auditors to use a microscope on executive compensation. April 20, 2012
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JOBS Act Lightens Exec Comp Disclosure Burden
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Women CFOs Earn $215,000 Less
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Will Auditors Influence How Executives Are Paid?
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Dismay on Pay
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Hart-Scott-Rodino Act: Not Just about M&A Activity
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ISS Toughens Up View of Executive Comp
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