Intel shareholders reject executive compensation plan -filing
05/19/2021 22:01
(Reuters) -Chipmaker Intel Corp s shareholders did not approve an executive compensation plan of its listed officers, according to a regulatory filing on Wednesday.
The decision, on a nonbinding advisory basis, was taken at the company s annual stockholder meeting on May 13. (https://bit.ly/3tWxAJe)
In a statement, Intel said it has a long-standing commitment to pay-for-performance, which holds executive officers accountable for business results and rewards them for consistently strong corporate performance and the creation of stockholder value . The board also finds it incredibly important to ensure that it has a meaningful dialogue with our investors throughout the year so it can get their feedback on important matters affecting Intel.
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