Expect a reckoning in executive pay, experts say


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Publish in Plastic News November 11, 2009by Mike Verespej

Regulators and legislators plan to implement shareholder reforms next year that could alter the landscape of executive compensation and give shareholders greater powers to nominate directors, place issues on proxy ballots and voice their view on the appropriateness of compensation through mandated say-on-pay votes.
“Last year’s financial meltdown has created a push to make directors more accountable for the performance of corporations,” said Barbara Hackman Franklin, chair of the National Association of Corporate Directors, at the group’s annual conference

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