Navigation Links
Aflac Shareholders Have Their 'Say-on-Pay,'
Date:5/6/2008

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 http://www.aflac.com .
(Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO )

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

lkane@aflac.com kjanke@aflac.com

Jon Sullivan

Aflac Incorporated

706.763.4813

jsullivan@aflac.com


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... , ... Ellevate Network, the leading network for professional women, brought together some ... at their inaugural Summit in New York City in June. The event was livestreamed ... over 3 million. To watch the Mobilize Women video, click here . ...
(Date:10/13/2017)... ... ... “The Journey: From the Mountains to the Mission Field”: the story of a missionary ... Journey: From the Mountains to the Mission Field” is the creation of published author, ... ages and currently teaches a class of ladies at her church, which she has ...
(Date:10/12/2017)... WAUSAU, Wis. (PRWEB) , ... October 12, 2017 ... ... formulated standard products to meet the demand of today’s consumer and regulatory authorities ... team of probiotic experts and tested to meet the highest standard. , ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... Hair Restoration, has recently contributed a medical article to the newly revamped ... Dr. Mohebi’s article spotlights the hair transplant procedure known as Follicular Unit ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... (HLA), the nation's first interactive health literacy software tool, and the Cancer Patient ... aspects of cancer patient education, today announce a new strategic alliance. , ...
Breaking Medicine News(10 mins):
(Date:9/27/2017)... NEW YORK , Sept. 27, 2017  DarioHealth Corp. (NASDAQ: ... data solutions, today announced that its MyDario product is expected to appear ... listings for when The Dr. Oz Show airs in your area: ... The nine-time Emmy award-winning, The ... ...
(Date:9/22/2017)... 2017  As the latest Obamacare repeal effort moves ... (R-LA) and Lindsey Graham (R-SC) medical ... device industry is in an odd place.  The industry ... excise tax on medical device sales passed along with ... patients, increased visits and hospital customers with the funding ...
(Date:9/18/2017)... KALAMAZOO, Mich. , Sept. 18, 2017 ... , and OptiMed Specialty Pharmacy of Kalamazoo, ... offer a strategic hub service that expedites and streamlines ... personal spirometer, Spiro PD 2.0, and wellness management services.  ... is a medical device used to measure lung function ...
Breaking Medicine Technology: