1. Investors Should Reject J&J CEO Pay Package, Proxy Adviser Glass Lewis Says

    Investors Should Reject J&J CEO Pay Package, Proxy Adviser Glass Lewis Says

    (Reuters) - Proxy adviser Glass Lewis is recommending investors reject the nearly $30 million pay package for Johnson & Johnson Chief Executive Alex Gorsky, arguing that the healthcare company is shielding its top executives from the legal cost of poor business decisions...

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    1. In our opinion, the adjustments related to well-documented legal actions essentially shield executives' compensation from the detrimental impact of their decisions for the company.
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