Facebook To Hold Non-Binding Shareholder Advisory Votes On Executives’ Compensation Every Three Years
Facebook confirmed in a Form 8-K/A filing with the Securities and Exchange Commission Wednesday that, as voted on at its annual meeting in June, the company will hold non-binding advisory votes on its executives’ compensation every three years.
Facebook confirmed in a Form 8-K/A filing with the Securities and Exchange Commission Wednesday that, as voted on at its annual meeting in June, the company will hold non-binding advisory votes on its executives’ compensation every three years.
The filing read:
As previously reported by Facebook Inc. (the “company”), at the company’s annual meeting of stockholders held June 11, 2013, the company’s stockholders selected, on a non-binding advisory basis, three years as the frequency with which the company will hold a non-binding advisory vote to approve the compensation to be paid by the company to certain of its executive officers in accordance with U.S.
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