2012-04-17nytimes.com

Citigroup's shareholders rejected the bank's plan to award its chief executive, Vikram S. Pandit, $15 million in compensation, in a show of frustration about Wall Street pay.

...

Citi doesn't have to act on the vote, which isn't binding. Still, it speaks to shareholders' issues. Only 45 percent of shareholders supported the plan.


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread