ATLANTA AP – The Home Depot Inc.’s chief executive did little Thursday to quell the uproar among some shareholders over his hefty pay, stifling debate at the company’s annual meeting as the board members who approved the compensation didn’t show up to defend themselves.
Despite the criticism and some institutional shareholders withholding votes, the company’s directors were all re-elected. Shareholder proposals seeking to allow investors to have a say on the CEO’s pay and to restrict retirement benefits for senior executives were rejected.
