Executive Compensation
CalSTRS’ Statement on the SEC Proposed Rule for Executive Compensation Disclosure
WEST SACRAMENTO, CA – Yesterday, the Securities and Exchange Commission released a proposed rule that would require all public companies to disclose a comparison of the Chief Executive Officer’s (CEO) compensation to that of the median income of company employees—otherwise known as pay ratio disclosure.
CalSTRS Analysis of 2011 Say-on-Pay Proxy Voting Available Online
CalSTRS Corporate Governance offers a lessons learned analysis for the first year of mandatory say-on-pay for most U.S. Corporations
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) released, “Lessons Learned: The Inaugural Year of Say-on-Pay,” its analysis of shareholders’ ability to vote on executive compensation, known as say-on-pay, during the 2011 proxy season.
CalSTRS to Oppose Occidental Petroleum Executive Compensation Advisory Vote
Letter to director critical of ‘wildly excessive pay’ in excess of peer group median.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today it will vote against the advisory vote approving executive compensation and the election of all incumbent board members at Occidental Petroleum’s (NYSE: OXY) 2010 Annual Meeting in Los Angeles on May 7.
CalSTRS Guidelines Offer Substance on Executive Pay
CalSTRS calls for companies to look at salary plans that promote responsible practices.
SACRAMENTO, CA – With risky behavior and excessive executive pay blamed for fueling the economic crisis, the California State Teachers’ Retirement System (CalSTRS) is calling for more responsible executive pay policies.