Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay

Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (Full Version)

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Brain -> Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/16/2010 10:27:34 PM)
I would like to see this trend continue until all corporations comply. Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay Which major drug maker recently gave shareholders a vote on executive pay at shareholder meetings? Find out on the IML Purple Carpet Event Blog. http://www.purplecarpeteventblog.com/406/shareholder-voting-quiz/

pahunkboy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 1:26:55 PM)
you really have to consider the whole compensation package.

thornhappy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 2:17:58 PM)
Looks like they're doing that; there's a reference to a package instead of pay. Those dudes make out like bandits when stock's thrown in, at very nice prices.

pahunkboy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 2:22:09 PM)
what about the brain drain?

Moonhead -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 2:24:42 PM)
quote: ORIGINAL: pahunkboy what about the brain drain? I don't think there's likely to be a shortage of people arrogant and stupid enough to run a Fortune 500 company in our lifetimes, hunk.

thornhappy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 3:35:10 PM)
That's been an argument since the '80s, and all it does is ratchet up the pay. Kind of like professional athletes, who are also grossly overpaid.

servantforuse -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:17:51 PM)
Brain, I guess that you have never been to a shareholders meeting. The shareholders have always had a say in what those at the top earn. They own the company.

Moonhead -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:23:29 PM)
And they receive a dividend on their shares. As long as that keeps coming in, I doubt they'll give a flying fuck who's running the company or what they're paid.

servantforuse -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:27:21 PM)
And just what is wrong with that ? I never cared how much money my boss made. I got paid to do a job, and they are also getting paid to do their job. If they make more, so what.

Moonhead -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:38:43 PM)
When did I say there was anything wrong with that? No fucker would buy shares if they didn't get something out of it, would they?

servantforuse -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:42:59 PM)
Most of the people who post on these boards think that there is something wrong with that. They hate any form of capitalisim. They is a lot of jealosy from the have nots on collarme.

Moonhead -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 4:45:15 PM)
So long as paying the dividends isn't affecting the quality of the service provided (as it does, pretty notoriously, with the UK rail system) I don't have a problem. I have noticed that the companies that haven't been floated on the stock market around here are doing a lot better than those that have, though. Michelin is in deep shit, while JCB is still making something resembling a profit.

domiguy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 5:37:00 PM)
quote: ORIGINAL: servantforuse Most of the people who post on these boards think that there is something wrong with that. They hate any form of capitalisim. They is a lot of jealosy from the have nots on collarme. Is this you being happy?

InvisibleBlack -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 5:42:24 PM)
quote: ORIGINAL: Brain I would like to see this trend continue until all corporations comply. Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay Which major drug maker recently gave shareholders a vote on executive pay at shareholder meetings? Find out on the IML Purple Carpet Event Blog. http://www.purplecarpeteventblog.com/406/shareholder-voting-quiz/ This is nothing new. There have been shareholder votes on limiting or otherwise adjusting executive compensation. They pretty much always don't pass. About the only change is now they're going to do it regularly rather than sporadically. I'm not impressed.

servantforuse -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 5:55:49 PM)
If you want to decide how much a CEO earns, you have to buy more stock in the company. Otherwise it isn't up to you.

thornhappy -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 7:10:48 PM)
quote: ORIGINAL: servantforuse Brain, I guess that you have never been to a shareholders meeting. The shareholders have always had a say in what those at the top earn. They own the company. The shareholders are not on the compensation committees. I've been to shareholder meetings, and we never had an input on that.

Brain -> RE: Latest Shareholder Meeting Trend: Shareholders Voting on Executive Pay (3/17/2010 7:24:47 PM)
At AIG Fuld said when he was questioned by Congress that they had a compensation committee which decided compensation. Fuld made $45 million before AIG collapsed. How ridiculous getting paid for $45 million to destroy the company and make it insolvent, man that pisses me off. quote: ORIGINAL: servantforuse Brain, I guess that you have never been to a shareholders meeting. The shareholders have always had a say in what those at the top earn. They own the company.

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