Shareholders at Ameriprise Financial Inc. voted by a large margin against the company's executive-compensation plan last week, showing strong dissatisfaction with how the Minneapolis financial company rewards its top executives.
The Star Tribune reports on the vote, which was nonbinding but was a big change from past years, when Amerprise's executive pay plans easily passed muster with investors. This year, though, its 2017 compensation plan was rejected by 75 percent of voting shareholders.
