Alphabet Faces Investor Vote on #MeToo-Inspired Clawback Policy

June 18, 2019, 9:46 AM UTC

Alphabet Inc. investors concerned with the tech giant’s handling of sexual misconduct are calling for a new policy to claw back executive pay.

The proposed clawback, which goes to a shareholder vote June 19, would go beyond the typical scope of recouping executive pay after financial misconduct to cover other ethical issues like sexual harassment.

A union pension plan proposed the clawback after the New York Times reported that Google executives accused of sexual harassment and other misbehavior got paid millions of dollars in exit packages as they left their jobs. Google parent Alphabet’s board is telling investors to vote ...

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