Firm Suggests Withholding Votes For FedEx Nominees

Discussion in 'The Latest FedEx Headlines' started by ROBO MOD, Sep 12, 2006.

  1. ROBO MOD

    ROBO MOD I'm a Robot Staff Member

    Firm Suggests Withholding Votes For FedEx Nominees - Smart Money

    Proxy Governance Inc. recommended Monday that shareholders withhold their votes for five board nominees who are on FedEx Corp.'s (FDX) compensation committee, saying that the compensation paid to the freight carrier's executives, specifically Chief Executive Frederick W. Smith, is excessive compared with that of their peers.