Snap’s IPO investors to have no say on executive pay
Bloomberg Investors buying into Snap Inc.’s much-anticipated initial public offering won’t have any say on how much the company pays its executives. Snap will not be subject to the say-on-pay provisions of the Dodd-Frank Act, the company said in an updated deal prospectus. The act was put in place after the 2008 financial crisis to help investors throttle outsized ...
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