By Sheila Dang
(Reuters) -AT&T Inc shareholders on Friday voted against a measure to approve executive compensation, according to preliminary voting results from the company’s annual meeting.
AT&T did not give a number for the opposing votes, but said preliminary results showed 49% were cast in favor of approving executive compensation.
The total compensation package for Jason Kilar, chief executive of AT&T’s media unit WarnerMedia, was more than $52 million, more than double the $21 million for AT&T CEO John Stankey, according to the company’s proxy statement.
(Reporting by Sheila Dang; Editing by Richard Chang)
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Source: https://datafloq.com/read/att-shareholders-vote-approving-executive-compensation/14327
