“There’s never been a year with this number of high opposition votes against pay in the eight years of this report,” says Rosanna Landis Weaver, the report’s lead author. “Some boards acted as if pay for performance didn’t matter when COVID-19 was involved, and shareholders angrily rejected those packages.” But As You Sow argues that it’s time for more shareholders to reject excessive executive compensation simply because it’s “not in the best interests of shareholders,” and perhaps also immoral. Read More →
