read in CSR Commitment that Yahoo will allow shareholders to give voting on the compensation to be received by top executives at its annual meeting in June, something they had refused to date.
Yahoo has said that the proposal is being made in accordance with the law of Wall Street reform passed last year. Yahoo Inc
. will pay its new president and CEO Carol Bartz at least $ 19 million in cash and stock in its first year in office, plus an incentive plan that will surely bring abundant profit if he can amend the trajectory of the company internet.
Yahoo confirmed it will offer shareholders the opportunity of an advisory vote on executive compensation, but this will not be binding on the company. Also, the company said in its' Compensation Committee of the views expressed by shareholders in its vote on the proposals are taken into account when making future awards. "
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