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AmerisourceBergen Say-on-Pay Proposal Squeaks by Amid Outrage Over CEO Compensation

statnews.com

In a rebuke to AmerisourceBergen ( ABC ), nearly half of its shareholders voted against a “say-on-pay” proposal after criticism erupted over the hefty compensation package given its chief executive officer and the role the company played in the opioid crisis. Specifically, 48% of the stockholders rejected the compensation given to CEO Steve Collis and his management team, an outcome that suggests the company misjudged investor sentiment about the pay packages...

Mentions: Management stock options Pay Proposal