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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.