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I'm with this guy on how ridiculous Nuance's CEO pay is and I can actually understand this video, kind of.
Nuance apparently enacted an anti-takeover provision limiting power of anyone with 20% or more share of stock to dilute their voting rights. They do not want that guy Icahn, who wants Apple to buy Nuance, to have power to persuade them to sell.
Also, Nuance are apparently actually trying to protect their right to pay huge executive compensation way out of whack with performance (and conversely pay crap compensation to us MTs way out of whack with performance).
One bright note, when these investment people are finally seeing huge executive compensation as a problem, that can only be good news for the rest of us.
I wonder what is going to happen to our little branch of this company in the meantime. Someone's gotta pay that 37 million for the CEO, right?