Phoenix Warns Of Say-On-Pay Consequences In 2012 [VIDEO]

In an interview at the NIRI annual conference in June 2011, John Siemann, president and partner at Phoenix Advisory Partners, a proxy solicitation and corporate governance advisory firm, asks: ‘What does a positive say-on-pay vote really mean?’ He points out that around 300 companies won with less than 90 per cent of the total vote, including JPMorgan, Disney, Pfizer, Johnson & Johnson and AllState. For those 300, winning say-on-pay votes this year doesn’t guarantee an easy time in 2012.

[Article by Neil Stewart, IR magazine]

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.