Shareholders Resist Post-Pandemic Jumps in Executive Pay: Chart

Although the post-pandemic recovery has benefited some companies, executive pay bumps have rubbed some investors the wrong way. Average support in nonbinding votes on executive compensation dipped below 90% for the first time since Bloomberg ESG began tracking the Russell 3000, Bloomberg Intelligence analyst Rob Du Boff wrote in a report Thursday. Netflix Inc., CME Group Inc., D.R. Horton Inc. and Goodyear Tire & Rubber Co. were among the companies losing such “Say on Pay” votes this past proxy season, each with around three-quarters of shareholders voting against.

To contact the analyst on this research:
Rob Du Boff in ...