Financial Times FT.com

Aflac investors get say in executive pay

By Francesco Guerrera in New York and Andrew Ward in Atlanta

Published: February 14 2007 20:03 | Last updated: February 14 2007 20:03

Aflac, one of the largest providers of supplemental health insurance in the US and Japan, has become the first US company to offer shareholders a say in how much its executives are paid, amid mounting scrutiny of executive compensation in corporate America.

The company said shareholders would be given an advisory vote on its annual compensation report starting in 2009, introducing to the US a practice that has been required of UK companies since 2002.

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