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And yes, she did think the pay proposals were unfair.
The tenure and pay proposals were the most controversial and would require legislative approval.
This, he claimed, allows them to select compliant directors prepared to wave through pay proposals.
Federal regulators have been trying to sort out the various pay proposals in recent meetings.
Cross said shareholders had generally supported Aviva's pay proposals before ISS's late intervention.
Overall, the pay proposals are sensible and the commission has avoided headline-grabbing but unworkable proposals.
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Last year, 59 percent of shareholders rejected the company's "say on pay" proposal in a nonbinding vote.
The answer is crucial in determining whether to vote against a pay proposal.
The company's proposal does not create an industry-leading pay proposal for us.
Mr. Mancuso attacked in particular the city's merit pay proposal.
Charles Brecher, research director for the Citizens Budget Commission, a business-backed research group, praised the merit pay proposal.
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