NEW YORK, NY – Aflac CEO Dan Amos discussed today on CNBC’s “Squawk Box” the company’s groundbreaking decision to become the first major U.S. corporation to give shareowners a “say on pay.” From an open and constructive dialogue led by Boston Common, Aflac’s decision to adopt an advisory vote on executive compensation, or “say on pay,” evolved from the shareholder proposal filed with Aflac in November 2006. It is Boston Common’s position that all companies should communicate how executive pay is tied to performance, regardless of whether pay levels are warranted, and allow shareowners to collectively express confidence or concern through an advisory vote.
