‘Say on pay’ gets momentum with Aflac
Aflac gets the shareholder rights ball rolling this proxy season as it becomes the first publicly-traded company in the U.S. to offer shareholders an advisory vote on executive compensation. Known as ’say on pay’, these advisory votes make economic sense for consumer-oriented companies such as Aflac. They also make great governance.
The Wall Street Journal gives a first look at this proposal from inside the executive office with an excellent interview of Alfac CEO Daniel P. Amos.
