Biggest fund managers said to support ‘excessive’ CEO pay deals
As You Sow research suggests some market leaders approve ‘almost all’ CEO pay packages Some of the world’s largest fund managers are 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 CEOs 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.
As well as listing the CEOs it deems most overpaid, As You Sow looks at the voting habits of some of the world’s biggest fund managers in relation to these ‘excessive’ pay packets. Read Full Article - Corporate Secretary, February 27, 2019