Story thread · 2 reports / 2 sources

Arm faces shareholder backlash over CEO Rene Haas' "excessive" $800 million pay package

techspot.com · 12dShare

Proxy advisers ISS and Glass Lewis are urging investors to reject the plan at the September 9 annual meeting, according to Seeking Alpha. ISS says value creation plans remain rare in Britain, can produce enormous rewards, and have unproven benefits. Glass Lewis also called the award excessive. Read Entire Article

First report: Arm faces potential shareholder revolt over CEO's 'excessive' $800 million pay package — huge stock award would only be fully realised if chip designer hits $2 trillion valuation — tomshardware.com, 14d