Willis disputes ISS recommendation on CEO pay
Willis Towers Watson has issued a strong rebuttal to an
Institutional Shareholder Services (ISS) recommendation to vote
against CEO John Haley's remuneration package for 2016 by
saying the advisory firm had "overstated" the value of
the compensation.
In a Securities and Exchange Commission (SEC) filing yesterday,
the global broker said ISS had focused on Haley's frontloaded
performance equity grant - which it had calculated at $53.5mn.
However, Willis contended this was twice the figure it had f
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