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This excerpt taken from the BBBY DEF 14A filed Jun 1, 2009. Advisory Vote on Executive Compensation
The Company anticipates that non-binding advisory votes on compensation practices, commonly referred to as “say-on-pay,” may in the future be mandated by law, in which case the Company will comply with such requirements.
In any event, if no such advisory vote is required by law at the time of the Company’s 2011 Annual Meeting, the Board has approved in principle that, effective with the Company’s 2011 Annual Meeting, the Company will implement a non-binding, advisory vote by the Company’s shareholders on the Compensation Committee’s compensation philosophy, policies and procedures for the Company’s named executive officers.
This excerpt taken from the BBBY 8-K filed Apr 9, 2009. Advisory Vote on Executive Compensation.
The Company anticipates that non-binding advisory votes on compensation practices, commonly referred to as “say-on-pay,” may in the future be mandated by law, in which case the Company will comply with such requirements.
In any event, if no such advisory vote is required by law at the time of the Company’s 2011 Annual Meeting of Shareholders, the Board has approved in principle that, effective with the Company’s 2011 Annual Meeting of Shareholders, the Company will implement a non-binding, advisory vote by the Company’s shareholders on the Compensation Committee’s compensation philosophy, policies and procedures for the Company’s named executive officers.
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