US - The New York City Employees' Retirement System (NYCERS) has called on Home Depot, Blockbuster, and Par Pharmaceutical Companies to adopt a policy that would allow stockholders to ratify the compensation of senior executives.
NYC Comptroller William Thompson, who made the call on behalf of the fund, said institutional investors were "fed up with excessive compensation for executives", and called on the firms to follow t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders