Amazon warehouse facility exterior and trademark logo in Kenosha, Wisconsin. Credit: Ken Wolter/Adobe Stock Amazon Turns Around Declining Shareholder Support for Exec Pay
The tech giant launched a shareholder-outreach effort last year after support for its executive compensation plunged to 56%, down from 97% in 2019. That push appears to have won over some investors.
May 30, 2023 at 12:02 PM
3 minute read
At last week's Amazon annual meeting, the company's executive compensation received 68% support, up from 56% in 2022, according to a Securities and Exchange Commission filing May 26. Until this year, support had steadily fallen after reaching 97% in 2019.
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