World of Apple
This is a static archive of World of Apple, published by Alex Brooks between 2005 and 2015. Nothing here is live or updated since original publication.

Shareholders Pass Executive Pay Advisory Proposal

On Tuesday Apple announced that at its annual meeting with shareholders a proposal was passed "in favor of an annual advisory vote by shareholders on executive compensation,"

The proposal had been opposed by the board of directors. It urged the board to put up to shareholders a nonbinding resolution each year regarding pay of top executives. Reports Reuters.