Microsoft gives shareholders 'say on pay'
Microsoft's board on Friday voted to give shareholders more say in how the software maker pays its executives.
The board of directors approved a plan that calls for a vote on the company's executive compensation every three years. However, under the board's plan, the vote will be advisory in nature.
The first of the advisory measures is set to be a part of this year's shareholder meeting, which takes place November 19.
"Given the interest in executive pay, we think it makes sense to encourage more dialogue with our shareholders on our compensation approach," … Read more