Navigation Links
Alert - UnitedHealth Group Shareholders Meeting, Thursday June 5, Will Vote on Shareholder Resolution on Advisory Vote on Executive Pay
Date:5/30/2008

BOSTON, May 30 /PRNewswire/ -- On June 5th at the annual stockholders meeting of UnitedHealth Group in Minnesota shareholders will vote for the second year on a shareowner proposal requesting an annual Advisory Vote on Executive Compensation.

The resolution received 42% last year.

Walden Asset Management, a Boston based investment firm focused on integrating environmental, social and governance factors into the investment process, is the primary filer of this resolution, which is co-sponsored by 5 other individuals and foundation investors, including the Tides Foundation and the Funding Exchange filing with 129,250 shares.

This resolution has been receiving exceedingly strong votes in 2008 by investors averaging in the 40% - 50% range with 6 companies with votes over 50%.

Investors seek to have an Advisory Vote on executive pay for several reasons.

-- They seek to provide feedback to the company on its' disclosure and

whether pay is adequately linked to performance.

-- They are concerned about spiraling executive pay.

-- Certain executive perks like country club memberships and payment of

income taxes for executives are of concern.

-- In the case of UnitedHealth Group, the backdated stock options scandal

by then CEO William McGuire, leading to "the largest executive-pay

giveback in history" (Wall Street Journal, December 7, 2007) of $620

million, raises the level of scrutiny for UnitedHealth Group.

-- Many investors feel they have no influence or power over executive

compensation packages even though it is the shareholder's money being

spent on executive compensation. The Advisory Vote is one important

way for investors to provide formal feedback on executive pay.


'/>"/>
SOURCE Walden Asset Management
Copyright©2008 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Webcast Alert: Kaiser Permanente Residency Program Open House
2. American Red Cross Issues Blood Supply Alert
3. Webcast Alert: Heska Announces Third Quarter 2007 Earnings Conference Call Webcast
4. Consumer Safety Alert on Fat Dissolving Injections
5. Webcast Alert: Expert Group Urges Businesses to Get Real About Weight Loss
6. Stop & Shop Alerts Customers to Product Advisory by ConAgra Foods
7. Giant Food Alerts Customers to Product Recall by ConAgra Foods
8. Need Sustained Mental Performance? Need to Stay Sharp and Alert? What You Need is Berocca Performance!
9. Emergency Alert - Help for Shelters Housing Animals Evacuated in California Wildfires
10. MEDIA ALERT: Smoke from Wild Fires Could Mean Health Problems for Asthmatics
11. Webcast Alert: AMICAS, Inc. Announces 3rd Quarter 2007 Earnings Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... 13, 2017 , ... The International Association of Eating Disorders ... for the field of eating disorders, announces the opening of early registration for ... Florida at the Omni Resort at ChampionsGate. , The annual iaedp™ ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that ... insurance companies have a waiver for care if the client has a cognitive impairment ... family pays for care, is often waived, so the benefits from their insurance start ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, ... lowdown on sciatica in a new episode of "Success Files," which is an ... and innovation and investigates each subject in-depth with passion and integrity. , Sciatica ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 ... characterized by frequent cessation in breathing. Oral appliances can offer significant relief to ...
(Date:10/12/2017)... ... 12, 2017 , ... Asante, a nationally recognized health system ... their existing home health joint venture through an agreement, effective October 1, 2017, ... venture home health company with Asante, delivering clinically integrated care, for the past ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... PROVIDENCE, R.I. , Sept. 25, 2017 /PRNewswire/ ... immunogenicity assessment, vaccine design, and immune-engineering today announced ... focused on the development of personalized therapeutic cancer ... and has provided exclusive access to enabling technologies ... MSc Eng., MBA will lead EpiVax Oncology as ...
(Date:9/22/2017)... Sept. 22, 2017  As the latest Obamacare repeal ... Bill Cassidy (R-LA) and Lindsey Graham ... the medical device industry is in an odd place. ... the 2.3% excise tax on medical device sales passed ... want covered patients, increased visits and hospital customers with ...
(Date:9/19/2017)... , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing a ... targeted tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek , ...
Breaking Medicine Technology: