Fidelity Votes No on GE Pay

Some Fidelity Investments funds voted this spring to oppose the compensation received by General Electric Co. CEO John Flannery and other top GE executives, according to regulatory filings published last week….

Fidelity was in the minority on the pay question. Among GE shareholders, “yes” votes outnumbered “no” votes by a more than 10-to-1 margin.

Boston Business Journal

One Comment Add yours

  1. Great to see information getting out about dissenting votes by major funds. Hopefully, this publicity will help others get the courage to do the same.

    Like

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