AT&T shareholders vote against approving executive compensation
Add BT as a preferred source[DALLAS] AT&T Inc shareholders on Friday voted against a measure to approve executive compensation, according to preliminary voting results from the company's annual meeting.
AT&T did not give a number for the opposing votes, but said preliminary results showed 49 per cent were cast in favor of approving executive compensation.
The total compensation package for Jason Kilar, chief executive of AT&T's media unit WarnerMedia, was more than US$52 million, more than double the US$21 million for AT&T CEO John Stankey, according to the company's proxy statement.
REUTERS
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