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GameStop Investor Files to Delay $35 Billion CEO Pay Vote Pending More Disclosures
An investor filed to stop the shareholder vote until the company provides additional disclosures about the compensation plan.
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A GameStop investor moved to halt a vote on a $35 billion pay package for the company’s chief executive officer until proper disclosures are made to shareholders. The filing seeks to delay the vote until shareholders receive the additional information the investor says is required. The pay package under discussion totals $35 billion and covers compensation for GameStop’s chief executive officer.
@business reported the motion centers on disclosure requirements ahead of the scheduled shareholder vote.
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