Navigation Links
Aflac Shareholders Have Their 'Say-on-Pay,'

Overwhelmingly Endorse Performance-Based Compensation

COLUMBUS, Ga., May 6 /PRNewswire/ -- In a historic vote yesterday, the shareholders of Aflac Incorporated overwhelmingly approved the company's pay-for-performance compensation policies and procedures. 93% of votes were cast in favor with only 2.5% against Aflac's compensation practices in a vote commonly referred to as "Say-on-Pay."

In March 2008, Aflac Incorporated's board of directors released the proxy statement language that formally invited shareholders to vote on the company's performance-based compensation policies. This action marked the first time shareholders were empowered to vote on executive compensation for an American public company.

"At Aflac we have long believed in performance-based compensation for all of our employees," said Daniel P. Amos, Aflac Chairman and CEO. "I am proud that Aflac's long history of transparency and strong shareholder returns are appreciated by our owners."

From August 1990, when Mr. Amos became CEO of Aflac Incorporated, through the end of 2007, the company's total return to shareholders, including reinvested cash dividends, has exceeded 3,867%, compared with 694% for the Dow Jones Industrial Average and 583% for the S&P 500. During the same period, the company's market value has grown from $1.2 billion to more than $30 billion, with total revenues growing from $2.7 billion in 1990 to $15.4 billion in 2007.

About Aflac:

For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where it is needed most when a life-interrupting medical event causes financial challenges. Aflac is the number one provider of guaranteed-renewable insurance in the United States and the number one insurance company in terms of individual insurance policies in force in Japan. Our insurance products provide protection to more than 40 million people worldwide. Aflac has been included in Fortune magazine's listing of America's Most Admired Companies for seven years and in Fortune magazine's list of the 100 Best Companies to Work For in America for ten consecutive years. Aflac has also been recognized three times by both Fortune magazine's listing of the Top 50 Employers for Minorities and Working Mother magazine's listing of the 100 Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit .
(Logo: )

Media Contacts: Analyst and Investment Contact:

Laura Kane Kenneth S. Janke Jr.

Aflac Incorporated Aflac Incorporated

706.596.3493 1.800.235.2667, Option 3; Fax: 706.324.6330

Jon Sullivan

Aflac Incorporated


SOURCE Aflac Incorporated
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Aflac Incorporated Announces First Quarter Results, Declares Second Quarter Cash Dividend
2. Aflac Incorporated To Release First Quarter Results on April 23, 2008
3. Aflac Named Among the 50 Best Companies for Supplier Diversity
4. Aflac Reaches $40 Million Milestone in Donations to the Aflac Cancer Center and Blood Disorders Service of Childrens Healthcare of Atlanta
5. Aflac Incorporated to Present at the Raymond James 29th Annual Institutional Investors Conference
6. Training Magazine Applauds Aflacs Employee Learning Programs
7. Aflac Incorporated Announces Fourth Quarter Results
8. Aflac Incorporated to Accelerate Share Repurchase in 2008; Authorizes Additional Share Repurchase and Increases Quarterly Cash Dividend 17.1%
9. Aflac to Sponsor Iron Girl
10. Aflac Incorporated to Present at the Goldman Sachs Financial Services CEO Conference 2007
11. Aflac Japan To Offer Cancer Insurance Product Through Japan Post
Post Your Comments:
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... recently ... of Eyeglasses . , Millions of individuals in the United States and Canada ... become a way to both correct vision and make a fashion statement. Even celebrities ...
(Date:6/26/2016)... Creek, Michigan (PRWEB) , ... June 26, 2016 , ... ... joined as sponsor of the 2016 Cereal Festival and World’s Longest Breakfast Table in ... in honor of the city’s history as home to some of the world’s leading ...
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet supplements owned ... developed to enhance the health of felines. The formula is all-natural and is made ... in the PawPaws Cat Kidney Support Supplement Soft Chews are Astragalus Root ...
(Date:6/26/2016)... Clarkston, Michigan (PRWEB) , ... June 26, 2016 ... ... respect to fertility once they have been diagnosed with endometriosis. These women need ... but they also require a comprehensive approach that can help for preservation of ...
(Date:6/25/2016)... ... ... Austin residents seeking Mohs surgery services, can now turn to Dr. Jessica ... Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to include Mohs ... Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn Goldstein, ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... India , June 24, 2016 ... Needles Market by Type (Standard Pen Needles, Safety Pen ... Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase (Retail, ... by MarketsandMarkets, This report studies the market for the ... expected to reach USD 2.81 Billion by 2021 from ...
(Date:6/24/2016)... Tenn. , June 24, 2016  Arkis ... providing less invasive and more durable cerebrospinal fluid ... in funding.  The Series-A funding is led by ... Lighthouse Fund, and other private investors.  Arkis, new ... neurosurgical instrumentation and the market release of its ...
(Date:6/23/2016)... 2016 Any dentist who has made an implant ... process. Many of them do not even offer this as ... high laboratory costs involved. And those who ARE able to ... a high cost that the majority of today,s patients would ... Parsa Zadeh , founder of Dental Evolutions Inc. and inventor ...
Breaking Medicine Technology: