Apple shareholders OK 'Say on Pay,' dump green plan

by Peter Cohen, Macworld.com

Apple on Tuesday held its annual meeting of shareholders, which approved a non-binding resolution asking the company's board of directors to accept their input on what Apple's executives are being paid.

The so-called "Say on Pay" proposal was first put forth last year by the AFL-CIO Reserve Fund, an Apple shareholder, but it only received 41 percent of the vote. This year it passed.

Shareholders turned down a proposal to create a board committee for sustainability, following Apple's recommendation for a "no" vote, according to to the San Francisco Chronicle.

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