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BB&T Corporation Message Board

  • jim56442 jim56442 Dec 20, 2003 2:56 PM Flag

    Shareholder Proposal

    Does anyone know if there has been a shareholder proposal presented to BBT to limit pay and or stock options to share price performance or overall shareholder return? If anyone knows of any proposals please post back.

    This would be a good first step in stopping execessive pay and the granting of options.



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    • Jim,back in april there was a man from Waxhaw whose name was Jim King.Is it you?

      He was trying to get a shareholder proposal in the annual proxy for this coming year.Of course the executives at BB&T are trying to stop this guy.His proposal was to tie executive pay with preformance.

      I have not herd any more info from anyone about the proposal.

      If anyone has any more info please post it.

      • 1 Reply to wahoo8212
      • Wahoo,

        Wrong time, wrong place. Sounds like you know a lot more about the situation then I do. Do you remember where you got the information about the shareholder proposal? Details might be helpful of what was proposed and what the company was doing to stop?

        I think it is too late to get a proposal included in the proxy statement in April, but I think a proposal can still be filed from the floor of the meeting.

        Wouldn't a proposal be a good first step in controlling pay, Long Term Incentive Pay, bonuses and stock options?



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