Thus far, 2013 isn’t off to a great start for companies looking for say-on-pay support from shareholders.
On Jan. 25, Nuance Communications, a company best known for its voice recognition software, failed to get much recognition from shareholders for its executive compensation program. In the non-binding advisory vote 95,866,327 were in favor (41 percent), 135,827,081 were against, and there were 936,404 abstentions.
