Prudential Financial Inc. (PRU) said that its board has approved an advisory shareholder vote on executive compensation, which will become effective at the company's annual meeting in 2010.
Under the plan, Prudential's shareholders will be able to cast an advisory vote on the overall executive compensation policies and procedures employed by the compensation committee for Prudential's named executive officers every other year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.