Connect with us

Business

General Electric, AT&T Investors Reject CEO Pay Plans – The Wall Street Journal

Majority of shareholder votes are cast against compensation plans for GE’s Larry Culp and AT&T’s John Stankey

Published

on

Article feature image
ADVERTISEMENT

Shareholders at General Electric Co. and AT&T Inc. rejected the companies executive compensation plans in nonbinding votes, the latest blue-chip companies to be rebuked by investors over how they paid leaders during the pandemic.
Nearly 58% of GE shares were voted against the boards compensation practices, according to an initial tally announced at the GE annual meeting Tuesday. Less than half of shares cast at AT&Ts meeting last week supported the telecom and media giants compensation plans, the…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Germany to ease quarantine for fully-vaccinated people – source – Yahoo Finance
Article feature image
Stock futures fall ahead of key inflation report – Fox Business
Article feature image
Stephen Colbert Roasts Jeff Bezos for His ‘Support Yacht’ – The New York Times