Future Tech

AT&T shareholders vote against approving executive compensation

Tan KW
Publish date: Fri, 30 Apr 2021, 11:55 PM
Tan KW
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Future Tech

AT&T Inc shareholders on Friday voted against a measure to approve executive compensation, according to preliminary voting results from the company's annual meeting.

AT&T did not give a number for the opposing votes, but said preliminary results showed 49% were cast in favor of approving executive compensation.

The total compensation package for Jason Kilar, chief executive of AT&T's media unit WarnerMedia, was more than $52 million, more than double the $21 million for AT&T CEO John Stankey, according to the company's proxy statement.

 


  - Reuters

 

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