CEO Pay: Are Shareholders Getting Value For Money?
Shareholder votes on executive compensation have taken centre stage at annual meetings this season. While there have been a few
high-prole “no” votes (CIBC and Barrick), “yes” votes are the norm. Firms that eectively communicate the alignment between C-level
suite pay and shareholder value are winning the vote, sometimes in opposition to proxy advisory rm recommendations—Goldcorp is a
case in point.