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State Street Ramps Up Pressure On Excessive Executive Pay

TedTed
in The Bullpen
FYI: (Click On Article Title At Top Of Google Search)

State Street Global Advisors is to get tough on executive pay — and it will signal its displeasure over lavish packages by refusing to back them.

Previously, the $2.8tn-in-assets manager voted “for” or “against” on pay. Now the Boston group, the manager of the world's largest passive investment fund, will indicate its unhappiness by abstaining.
Regards,
Ted
https://www.google.com/search?source=hp&ei=ed12Wov1BKLH5gKnlajoDg&q=State+Street+Ramps+Up+Pressure+On+Excessive+Executive+Pay&oq=State+Street+Ramps+Up+Pressure+On+Excessive+Executive+Pay&gs_l=psy-ab.3..33i160k1.3540.3540.0.4657.1.1.0.0.0.0.106.106.0j1.1.0....0...1c.2.64.psy-ab..0.1.106....0.t3rQEtUm6hU
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