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Compensation Design and Communication

Ex-Sara Lee Executive to Land $2.5 Million in Leaving Firm

September 26, 2011
According to the filing, C.J. Fraleigh will continue to receive a pro-rated amount of his most recent annual base salary of $597,000 through his termination date of Jan. 13, 2012. He also will receive severance of $2 million over 21 months, which is the equivalent of his annual salary plus 75 percent of his bonus target for fiscal 2012 ending June 30.
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Activision Shareholders Vote a Resounding Yes On ‘Say on Pay’

September 16, 2011
Shareholders at the video game maker voted 69 percent in favor of a shareholder proposal that would give them an annual advisory vote on executive compensation. It marked the highest support for a say-on-pay proposal in the U.S. since investors first began voting on the matter two years ago.
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Dems Looking to Reverse Justices’ Limits on Pay Claims

September 16, 2011
In a controversial pay discrimination case handed down last month, the Supreme Court majority asserted that Congress intended to strictly limit the time period in which a claim could be filed. Democrats in the House and Senate are poised to advance bills to overturn the ruling,
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