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News & Information

News and Information

June 9, 2015 MassMutual structure, executive compensation come under scrutiny

Source: MassLive

SPRINGFIELD - MassMutual Financial Group boasts that being a mutually held company means it answers to policy holders who own participating life insurance with the company and not Wall Street or stockholders.

June 5, 2015 Lloyds CEO bonus reduced after record fine by regulator

Source: Reuters

LONDON- Lloyds Banking Group boss Antonio Horta-Osorio will forfeit 350,000 pounds ($5 36,000) in bonuses after the bank was fined 117 million pounds for failings in the way it handled complaints about mis-sold loan insurance.

June 3, 2015 Shareholders push companies to change executive pay

Source: The Hill

Responding to pressure from investors, a third of companies say they have changed their executive pay compensation plans, according to a new survey from the National Association of Corporate Directors (NACD) released Tuesday.

June 1, 2015 TIAA-CREF president defends support for high executive pay

Financial Times - It voted 94 per cent of the time in favour of awards to the 100 most âoverpaidâ US chief executives in an analysis by îAs You Sowî, a Californian shareholder advocacy group. Mr Leary...

May 27, 2015 Editorial: Executive compensation, ever higher, ever less justifiable

Source: St. Louis Post Dispatch

By almost any measure, one of the least-successful movements of the past decade has been the effort to rein in executive pay. “Say on pay” laws haven’t worked. Tax reforms haven’t worked. Shame hasn’t worked.

May 22, 2015 Goldman Sachs Investors Vote to Approve Executive Pay Plan

Source: Bloomberg

Goldman Sachs Group Inc. shareholders approved the company’s pay plan for top leaders including Chief Executive Officer Lloyd C. Blankfein as the firm held its annual meeting in San Francisco for the first time.

May 21, 2015 JPMorgan Chase shareholders narrowly OK executive pay, Jamie Dimon’s dual roles

Source: Columbus Business Journal

JPMorgan Chase & Co. shareholders approved executive pay proposals Wednesday in a narrow vote at the company’s annual meeting in Detroit.

May 20, 2015 Shareholders are less and less happy about JPMorgan’s executive pay

Source: Washington Post

The pay package of JPMorgan Chase CEO Jamie Dimon came under scrutiny again on Tuesday, at the bank's annual shareholder meeting. Shareholders still decided to approve it, but the results were much narrower than usual.

May 18, 2015 Shareholders’ Votes Have Done Little to Curb Lavish Executive Pay

Source: NY Times

It’s been five years since the Dodd-Frank law required that companies let investors vote on their executive pay practices. The idea, lawmakers said, was to give shareholders a chance to sound off when compensation plans are not...

May 6, 2015 In a down year, hedge fund CEOs did just fine

Source: CBS Money Watch

The top 25 hedge fund managers earned an eye-popping $11.6 billion in compensation in 2014. However, that was only about half as much as they earned the prior year and roughly in line with their pay at the height of the financial...

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