DuPont Shareholders Reject Say on Pay

Shareholders rejected a proposal to give themselves a say on executive pay at the chemical company. Several proposals were rejected at DuPont’s annual meeting held on Wednesday. Among other failed proposals were the separation of the roles of board chairman and CEO.

Forty-five percent of voters were in favor of the proposal to allow shareholders an advisory vote on the compensation of executive officers, while 54 percent voted against the measure. Thirty-nine percent were in favor of separating chairman and CEO positions while 61 percent opposed the proposal.