More Boards Opting for Independent Pay Advisers

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Published in the Wall Street Journal January 11, 2010 by Joanna S. Lublin

More corporate boards are hiring smaller executive-pay consultancies amid growing concern over possible conflicts of interest at big pay consultants.  Directors at companies such as General Mills Inc. and Visa Inc. recently retained smaller pay advisers after dropping large consulting firms that provide other human-resources advice to management.

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