Investors are showing increased support for executive pay plans following countless shareholder engagement meetings in the last year, according to market watchers.
…However, some companies may have learned from the turmoil during the pandemic and are engaging with investors who largely frowned upon businesses’ awarding CEOs one-time retention bonuses and other special awards as workers and sometimes shareholders suffered during the health crisis.
So far, about 28 S&P 500 companies, including JPMorgan, Netflix and Intel, have mentioned responding to investor concerns related to say on pay in 2023 proxy filings, according to a review by public company intelligence provider MyLogIQ.
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