Best Buy's executive comp proposal
June 22, 2012 at 2:37AM
At Best Buy's annual meeting, shareholders rebuked management by voting against the non-binding advisory "Say on Pay" proposal on executive compensation. There were 100,145,657 votes for and 161,332,702 votes against. A shareholder advisory firm, ISS, had recommended that Best Buy shareholders vote against the proposal mainly in response to the severance package given to former CEO Brian Dunn.
about the writer
B2 Bank in Mountain Iron and Choice Financial, which has Twin Cities branches, have both been hit with enforcement actions. Regulatory scrutiny of community banks’ fintech relationships has increased.