Shareholders reject compensation package for community bank execs


Days after FCB Financial Holdings shareholders rejected a proposed compensation package for its executives, it's unclear whether the executives will attempt to renegotiate a new package.

Shareholders approved a merger on Nov. 29 between FCB Financial (NYSE: FCB) and Georgia-based Synovus Financial Corp., but they shot down an accompanying executive compensation proposal, the U.S. Securities and Exchange Commission reported. More than 26 million shareholders voted against the compensation proposal,…

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