Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating: Email Routing List Email & Route  Print Print
Friday, March 2, 2012

"Say on Pay" Bites Janus' Weil

News summary by MFWire's editors

Dick Weil's pay dropped substantially last year, perhaps thanks to shareholder vote. Janus Capital Group revealed yesterday in a proxy filing that their CEO's compensation fell to $6.15 million in 2011, down from $20.34 million in 2010, and that new compensation guidelines will be put in place.

Reuters reported on the news and noted that the changes came after Janus lost a non-binding shareholder "Say on Pay" vote.

"We take our fiduciary responsibilities to our shareholders very seriously," Weil said in a separate filing discussing the changes.

Janus paid Weil a $10-million signing bonus in 2010. Yet even excluding that bonus, Weil's pay still fell 40 percent in 2011. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use