MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, April 28, 2006 Amvescap Pay Package Approved by Slim Majority Media attention and exhortations from a shareholder activist group influenced Amvescap investors to question the firm's proposed executive pay package, it appears -- but the package squeaked by nonetheless. At the company's annual meeting Thursday, shareholders approved a combined pay out of over $20 million to outgoing CEO Charles Brady and new CEO Martin Flanagan by a vote of 51.59 percent to 48.41 percent. Nine other resolutions presented were not remotely contentious, with most receiving approval from over 99 percent of votes cast. Printed from: MFWire.com/story.asp?s=11721 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |