Navigation Links
AFSCME Urges Shareholders to Vote against Executive Compensation at Pfizer (PFE) and Johnson & Johnson (JNJ)
Date:4/12/2011

The Committee also considers a variety of qualitative factors, including the business environment in which the results were achieved. Therefore, the Committee determines each Named Executive Officer’s compensation based on multiple factors, including the competitive market, individual performance, internal equity and affordability.”(29) Discretionary bonuses allow compensation to be paid when actual performance targets are missed and a compensation committee decides to give award bonuses anyway.

The AFSCME Plan is an institutional shareholder activist with more than $850 million in assets. AFSCME’s 1.6 million members provide the vital services that make America happen. With members in hundreds of different occupations — from nurses to corrections officers, child care providers to sanitation workers — AFSCME advocates for fairness in the workplace, excellence in public services and prosperity and opportunity for all working families.

(1) Excessive pay has been linked to company underperformance. One study finds that firms pay their CEOs in the top ten percent of pay earn negative abnormal returns over the next five years of approximately -9% (Cooper, Michael J., Gulen, Huseyin and Rau, Raghavendra, The Cross-Section of Stock Returns and Incentive Pay (February 1, 2011)).

(2) TSR figures are based on Morningstar data as of 12/31/10.

(3) Johnson & Johnson 2011 Proxy, p. 46.

(4) Total pay taken from JNJ Proxy Statements: 2003, pgs. 18-19; 2004, pgs. 21-22; 2005, pgs. 22-24; 2006, pgs. 25-27; 2007, p. 29; 2008, p. 43; 2011, p. 46.

(5) Average closing price of JNJ stock for April, 2002, when Weldon became CEO.

(6) JNJ 2011 proxy, p. 28.

(7) "Compensation Peer Groups at Companies with High Pay," IRRC Institute, June, 2010. (The study identified a subset of S&P 500 companies with high pay that is not aligned with high performance, f
'/>"/>

SOURCE American Federation of State, County and Municipal Employees
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine technology :

1. Merck/Gilead Once-A-Day AIDS Pill Not Available in Most Places - AHF Urges Speed-Up of Registrations
2. California Legislature Passes Historic HIV Testing Bill (AB 682); AHF Urges Governor to Sign Crucial Lifesaving Legislation
3. The Oral Cancer Foundation Urges HPV Vaccination for Males
4. Microwave Treatments for Enlarged Prostate Cause Blood Pressure Surges
5. CDC Urges Pre-Teen Vaccination With New Public Service Announcements
6. Consumer Group Urges Gov. Schwarzenegger to Sign Stem Cell Bill Into Law
7. Joint Commission Urges Patients to Speak Up About Pain
8. Video: Novartis Vaccines and PTA Battle Flu: Public Health Vaccination Initiative Urges Families Lets Fight Flu Together!
9. The COSHAR Foundation Urges Parents to Ensure Children Are Up-to-Date on Vaccinations
10. ASGE Urges Patients to Seek a Qualified Endoscopist Before Undergoing a Colonoscopy for Colorectal Cancer
11. Leader in Prostate Health Urges Prostate Cancer Screening in Face of Contradicting Data
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)...  Today the U.S. Food and Drug Administration (FDA) announced ... serogroup B meningococcal disease in individuals ages ... received FDA approval in October, represent a significant step ... "I have heard over and over from parents ...
(Date:1/23/2015)... , Jan. 23, 2015  A new analysis of Centers ... 2015 enrollment data shows that 81 percent of seniors ... and extra discounts at certain pharmacies. The findings were ... pharmacy plans are now the foundation of Medicare Part ...
(Date:1/23/2015)... /PRNewswire/-- Harwood Feffer LLP ( www.hfesq.com ) is investigating potential ... ("Advaxis" or the "Company") (NASDAQ: ADXS ), ... to shareholders. On January 21, 2015, an ... Advaxis had misrepresented the clinical data for its ADXS-HPV ...
Breaking Medicine Technology:The National Meningitis Association (NMA) Applauds FDA Approval of Second Vaccine To Protect Against Serogroup B Meningococcal Disease 2New Analysis: 81 Percent of Medicare Part D Seniors Choose "Preferred Pharmacy" Plans in 2015 2Harwood Feffer LLP Announces Investigation of Advaxis, Inc. 2
(Date:1/22/2015)... 22, 2015 Blue Cross and Blue Shield ... exemplify what it means to “Live Fearless.” , ... to share their stories about how they or someone they ... others by living in the moment. By telling these types ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 The federal court ... the U.S. District Court, Southern District of West Virginia has ... in that proceeding’s first bellwether trial. In an Order dated ... new trial after finding that C.R. Bard had not proven ...
(Date:1/22/2015)... A new white paper by The Beryl ... the long-term care environment as well as provides recommendations ... paper, “The Power of Person-Centeredness in Long-Term Care: A ... the patient, resident and family experience in long-term care ...
(Date:1/22/2015)... Autocarinsurancebest.com has released a new blog post explaining the ... . , Auto insurance quotes help many drivers find ... necessary to call an agent or visit an agency for ... single website: http://autocarinsurancebest.com/ . , Every business who relies ...
(Date:1/22/2015)... 22, 2015 Carinsurancesavings.biz has released a new ... and dismemberment insurance . , Purchasing an accidental death ... very advantageous. This type of rider provides benefits if the ... be considered a lesser form of life insurance. , ...
Breaking Medicine News(10 mins):Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3Health News:Commercial Auto Insurance Provides Several Important Features! 2Health News:Accidental Death and Dismemberment Insurance Can Be Purchased at Low Prices Online 2
... ... its remarkable success in alcohol recovery, National Institute For Alcohol Recovery (NIFAR®) is launching ... , ... (PRWEB) December 29, 2009 -- On the heels of its remarkable success in alcohol ...
... Health gurus say recommit each Monday until the habit is gone ... millions of Americans will resolve to quit smoking -- again. Yet many ... and the American Cancer Society say it doesn,t have to be that ... quit again the following Monday. And recommit to stay quit each Monday ...
... 29 TeamStaff, Inc. (Nasdaq: TSTF ), ... Government, today announced that it has reached a definitive agreement ... healthcare subsidiary, TeamStaff Rx, Inc. to Advantage RN, LLC. TeamStaff ... structured as an all cash purchase which is expected to ...
... ... Housewives of Orange County ,” Dr. Milind Ambe consulted with Lynne Curtin’s teen-age daughter ... breast augmentation with the 19 year-old. , ... (Vocus) December 29, 2009 -- Newport Beach plastic surgeon, ...
... ... growing companies , ... (PRWEB) December 29, 2009 -- Lexi-Comp, Inc., a leader in providing drug and clinical information ... 2009 Weatherhead 100 list that showcases the fastest growing companies in Northeast Ohio. ...
... NEWPORT BEACH, Calif., Dec. 28 With the New Year just ... resolutions. , , Lose weight., ... underlying theme of most New Year,s resolutions is health-related, many tend ... visits to the doctor. Even more so, we forgo the regular ...
Cached Medicine News:Health News:Now Millions Suffering With Alcohol Addiction Can Get Breakthrough Recovery in Ultimate Privacy 2Health News:Now Millions Suffering With Alcohol Addiction Can Get Breakthrough Recovery in Ultimate Privacy 3Health News:This New Years, Smokers Get 52 Chances to Stay Quit 2Health News:TeamStaff Announces Agreement to Sell Its Travel Healthcare Subsidiary 2Health News:TeamStaff Announces Agreement to Sell Its Travel Healthcare Subsidiary 3Health News:Newport Beach Plastic Surgeon Educates About the Pros and Cons of Plastic Surgery 2Health News:Newport Beach Plastic Surgeon Educates About the Pros and Cons of Plastic Surgery 3Health News:Lexi-Comp, Inc. Receives Weatherhead 100 Honor 2Health News:Celebrate the New Year With a New You 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: