say-on-pay vote

The proxy statement contained a required say-on-pay vote that FAILED!

"Approval, on an advisory basis, of the 2018 compensation of Registrant’s Named Executive Officers, as disclosed in Registrant’s 2019 Proxy Statement. The 2018 compensation of Registrant’s Named Executive Officers, as disclosed in Registrant’s 2019 Proxy Statement, was not approved."

For: 70,401,740 Against: 104,618,888

This say-on-pay is required for all corporations. Very seldom (<2%) fail to get approval.

It looks like shareholders are NOT HAPPY with Johnny V & Gang's compensation packages.

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3 replies (most recent on top)

The vultures at the top don't give a rats a$$ about the employees. That is why they have no problem with them being outsourced and for those who remain, over worked and under appreciated. The only thing that they care about is lining their pockets with more and more green. No matter what happens to Xerox, those at the top will surely walk away more loaded than they are now.

How can they take any money when their employees are either being ,made redundant, offshored, outsourced and at best keeping their jobs with no raise (not even inflation) yet I bet they raise prices for our customers! GREED

Good. Ppl shouldn’t be paid to murder American jobs.

Thread regarding Xerox Corp. layoffs

say-on-pay vote

3 replies (most recent on top)

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