Apple Shareholders Turn Against Board Over Backdating
Posted by Bob on: 2007-08-09 20:24:06 [ Print | Permalink ]
Despite a soaring stock and a booming business, all is not happy in Apple-land. At the Cupertino, Calif., company's annual meeting in May, investors owning large chunks of Apple cast a symbolic no-confidence vote on nearly all of the company's directors and urged its board to reform its executive compensation practices, the company revealed Wednesday.