Biggest fund managers continue to support ‘excessive’ CEO pay deals
As You Sow research shows BlackRock, Vanguard and State Street approve ‘almost all’ CEO pay packages
Some of the world’s largest fund managers have been accused of nodding through excessive pay packages, according to research from As You Sow – though some dispute the data.
The California-based non-profit has published a list of what it says are the 100 most overpaid chief executives from the S&P 500 last year. It compiled the list by comparing remuneration with total shareholder return and then looked at votes against those packages. Read Full Article - IR Magazine, February 26, 2019