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Somehwere along the line....the average shareholder has lost all control over Officer pay....the Boards seem to ignore the average Joe shareholder...who usually has their votes usurped by proxy via their stockbroker...
In this electronic age, the law should be changed to eliminate proxy votes....it can all be done electronically....those with real interest can be notified, participate in annual meetings and vote electronically.
If you do not participate...you lose your say....
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