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Aflac Incorporated
First 'Say-on-Pay' Vote Goes to Aflac Shareholders
April 13th, 2008
Aflac Incorporated's board of directors has released the proxy statement language formally inviting shareholders to vote on the company's performance based compensation. The action marks the first time shareholders will vote on executive compensation for a major American public company. Aflac will announce the results of the vote on May 5, 2008, during the annual shareholders meeting in Columbus, Georgia, where the company is headquartered. "Aflac has always been committed to listening to its shareholders," said Daniel P. Amos, Aflac Chairman and CEO. "The upcoming 'say-on-pay' proposal demonstrates that we care about what our shareholders think, even on topics as...
Source: Pharma Investments, Ventures & Law Weekly (2008-04-13)
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