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Overpaid CEOs a Huge Red Flag for Company Stability, Shareholder Advocacy Group Says

HR Digest

According to a report by As You Sow , a shareholder advocacy firm, 2021 saw a significant increase in shareholder rejections of CEO pay packages. More than half of shareholders rejected CEO pay packages at 16 companies last year, up from ten in 2020 and seven in 2019. This amounted to more than $1.2 million a year in USD.