That was the first flexing of shareholder muscle and that shareholders were emphasizing the importance of splitting those roles.
More Quotes from Richard Ferlauto:
We think that no mutual fund has actually met the gold standard yet in terms of aggressively rooting out pay that's not deserved.Richard Ferlauto
Elections aren't structured in a way that gives shareholders a voice. The big theme is to hold boards and directors more accountable.
Richard Ferlauto
The amount of shareholder wealth that has been transferred from shareholders to CEOs has doubled in the past 10 years.
Richard Ferlauto
In the past they blew us off, and now they're talking.
Richard Ferlauto
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