May 9 2008

“Rebel” shareholders may force a vote on the controversial appointment of Marks & Spencer CEO Stuart Rose the position of Chairman. The other side of the coin across the Atlantic, as troubled Wachovia Corp’s CEO gives up the Chairman title. See further coverage here. Argument that “CEOs aren’t overpaid” put forth here.  On “say on pay” after the Aflac AGM, and further evidence that the movement is “losing steam”.

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