Palo Alto CEO's Compensation Package Rejected by Shareholders for Seventh Time
Shareholders have repeatedly rejected the compensation packages offered to executives of Palo Alto Networks Inc., including a nearly $100 million package for CEO Nikesh Arora. Despite these rejections, which are non-binding, the company has recorded more say-on-pay losses than any other in the S&P 500 since 2015.
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Topics: corporate governance executive pay say-on-pay shareholder voting