On March 22, 2012, United Technologies Corp. filed additional proxy materials urging shareholders to ignore the ISS vote recommendation against its say on pay vote. UTX found fault with the ISS peer group – which included companies outside its industry group – and its Total Shareholder Return (TSR) methodology, which does not adjust for near-term volatility resulting from extraordinary events.  The entire filing can be found at:

http://www.sec.gov/Archives/edgar/data/101829/000119312512127194/d320416ddefa14a.htm

Share and Enjoy:
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
 

Comments are closed.