Post Profile






Citigroup Investors Vote Down CEO’s Lavish Pay Package

NEW YORK  — Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive pay. At its annual meeting Tuesday, 55 percent of the bank’s shareholders voted against the pay packages that have been granted to Citigroup’s top executives, including CEO Vikram Pandit’s $15 million for last year and [...]
read more

share

Related Posts


Shareholders Reject Pay Package for WPP's Chief

Business & Finance : DealBook (3 years ago)

More than 59 percent of WPP shareholders voted against the pay package for Martin Sorrell, chief executive of the advertising giant. The vote is nonbinding but it increases pressure on WPP to rethink its pay practices for senior exe...

Citigroup Shareholders, Say on Pay, and Moral Suasion

Business & Finance : The Business Ethics Blog (3 years ago)

Shareholders at Citigroup have voted against the pay packages granted to the company’s top executives. Under Dodd-Frank, major firms are now required to hold shareholder votes on executive compensation at least once every three year...

How Citigroup shareholders smacked down their CEO's massive bonus

Business & Finance : The Week: U.S. Business (3 years ago)

Citigroup shareholders dealt a harsh blow to CEO Vikram Pandit on Tuesday, rejecting his $15 million pay package at Citi's annual meeting in Dallas. The vote is non-binding — meaning that Citi's board of directors could ignore it — ...

Citigroup investors unhappy with exec pay

Business & Finance : Business Report (3 years ago)

Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive pay. ||| Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive p...

Citigroup Investors Reject Exec Pay

US Politics / Liberal : Drudge Retort Weblog (3 years ago)

Citigroup has become the first Wall Street bank whose shareholders have voted to reject its massive compensation packages for top executives. At the annual meeting Tuesday, 55 percent of the bank's shareholders voted against the pay...

Comments



Copyright © 2015 Regator, LLC