MakovskyTuesday, May 19, 2015
Some much anticipated annual meetings are taking place this week for several Wall Street titans and executive pay remains a sensitive issue for investors this proxy season. The 2015 Makovsky Wall Street Reputation Study found that 80% of investor relations, communications and marketing executives at financial services companies said excessive bonuses among top executives has negatively affected their company’s reputation in the past year. JP MorganChase has big vote on the pay packages for its executives. Critics say the proposed pay, especially for CEO Dimon, is not based on future performance of the bank. That’s a big no-no in today’s corporate governance environment. How would you vote?