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Teamsters Urge Republic Services Shareholders to Oppose Say-On-Pay
Posted On: May 19, 2021
May 19, 2021 | The Teamsters join leading proxy advisory firm, Institutional Shareholder Services (“ISS”), in urging investors to vote against Republic Services, Inc.’s executive pay package (“Say-on-Pay”) at the company’s shareholder meeting on May 21. At issue is the board’s controversial decision to waive a 12-month advanced notice requirement for CEO Slager’s retirement, allowing him to retire next month with the full-vesting of all his outstanding equity awards. This includes more than an estimated $9 million in equity awards granted just a month before he announced, in March, his intention to retire…Teamsters
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