Proxy adviser ISS recommends vote 'against' executive pay at Alphabet
(Reuters) - Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday.
"The compensation committee has demonstrated poor stewardship of pay programs as evidenced by recurring concerns of outsized awards that are not sufficiently performance-based," ISS said in the report.
The proxy adviser has also recommended shareholders to withhold support for four directors - L. John Doerr, Alan Mulally, K. Ram Shiram and Robin Washington.
Alphabet did not immediately respond to a Reuters request for comment.
Google Ads and Facebook ads are two of the biggest platforms in the Pay Per Click (PPC) advertising world. Both Google and Facebook have access to unparalleled audience sizes. If implemented correctly, they can bring a lot of new clients to a business. In an ideal world, a company would be able to market across both of these platforms.