9 Most Overpaid CEOs in Financial Services

March 15, 2022 by Michael S. Fischer

Shareholders dug in their heels last year, according to a new report from As You Sow, a shareholder advocacy nonprofit organization.

A record 16 companies had CEO pay packages rejected by more than half of the shareholders, up from 10 in 2020 and just seven in 2019.

The report noted that by using a calculation that excludes management and “insiders” and includes only institutional shareholders, the number of CEO pay packages rejected by more than a majority of institutionally held shares was 29, compared with 15 the year before.

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Originally Posted at ThinkAdvisor on March 10, 2022 by Michael S. Fischer.