Canada: Magna adopts shareholder-friendly changes

Magna International has announced a number of further corporate governance enhancements designed to more closely reflect shareholder interests. The enhancements include the following: Say on pay - commencing with Magna's 2012 annual meeting, shareholders will vote on an advisory resolution relating to the company's approach to executive compensation; Director stock options eliminated - Subscribe to … Continued

• By Webmaster
• January 25, 2012