Disney Shareholders Don’t Endorse Compensation Plan for CEO Robert Iger

In a rare rebuke of Walt Disney Co. leadership, shareholders on Thursday voted down a nonbinding endorsement of the compensation given to Chairman and Chief Executive Robert Iger following an increase in December.

About 52% of votes cast at the company’s annual meeting expressed displeasure with Mr. Iger’s new pay package. It was the first time a majority of votes were cast against such a proposal at Disney.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

Austin Bombings Have City On Edge As Authorities Search For Suspect : NPR

Police tape marks off a neighborhood in Austin, Texas, where a package bomb went off ...

Stocks Overcome Tech Weakness to Post Gains

Global stock markets edged up Tuesday, even as technology shares continued to suffer on the ...

Nicolas Sarkozy in police custody in France

Former French President Nicolas Sarkozy attends the oath-taking ceremony of a newly-named member of the ...

%d bloggers like this: