More Investors Are Saying ‘No’ to Exorbitant Executive Pay Plans
- Seven S&P 500 companies got less than 50% support on pay
- Firms that lost ‘didn’t listen’ to what their investors said
Mylan's EpiPen allergy shots.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
U.S. investors are showing a greater willingness to express their disapproval over executive compensation.
Seven S&P 500 companies garnered less than 50 percent of the votes for their executive-pay plans in the most recent fiscal year, up from six in 2015 and four in 2014, according to data compiled by Bloomberg.