Bloomberg – Amazon Shareholders Narrowly Approve Pay Plans for Executives

In spite of being urged to vote “no” on CEO Andy Jassy’s pay package, Amazon’s shareholders narrowly approved it in a Say on Pay vote for their new pay plans. In this Bloomberg article, data from the Farient Advisors Say on Pay Tracker™ is cited to help put this story into context as we continue through this year’s proxy season, which has already seen contentious Say on Pay votes and high-profile losses by companies. What does Say on Pay mean for pay plans?

About Farient Advisors 

Farient provides a comprehensive array of services to boards and management including compensation program design, performance measurement, goal setting and pay for performance alignment, board of directors’ compensation, stakeholder incentives (climate, diversity, equity, and inclusion (DEI), transactions (mergers and acquisitions, spinoffs, pre-IPO/SPACs), and shareholder communications. Farient has locations in Los Angeles, New York, Louisville, and Dallas and is a founding partner of the Global Governance and Executive Compensation (GECN) Group, serving clients in more than 35 countries. Farient is recognized by the Women’s Business Enterprise National Council as a certified diverse company.

Related Say-on-Pay Content

Farient Brief: Investor Dissatisfaction on Executive Pay Continues to Rise This Proxy Season

In The News: Financial Times – US investors rebel against high executive pay