You are here: Home » Reuters » News
Business Standard

Exclusive - SeaWorld shareholders vote to remove chairman: sources

Reuters  |  NEW YORK 

By Michael FlahertyNEW YORK (Reuters) - SeaWorld Entertainment Inc shareholders voted against the re-election of its chairman on Wednesday, according to people familiar with the matter, after investors revolted against a bonus incentive payout.The shareholder vote shows how investors, even in an uncontested board election, are increasingly voicing their frustration with board members on matters related to executive and director pay.Chairman David D'Alessandro received more "withhold" votes than "for" votes at the annual meeting on Wednesday, a proxy voting result that means shareholders ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, June 15 2017. 05:02 IST