Costco Wholesale Company (COST) is one of the stocks in my portfolio. Their annual meeting is coming today. Voting on MoxyVote.com‘s platform has already ended; I procrastinated too long. However, I can still look at advice provided on their site before I vote. Oh, and congratulations to MoxyVote for signing up 100,000 users.
Costco’s SummaryCompensation Table shows that Jeffrey H. Brotman, the Chairman, was the highest paid named executive officer (NEO) at a little over $3.7 million. According to the United States Proxy Exchange (USPX) guidelines, the median CEO compensation for large-cap corporations was $9 million in 2010. At Costco the CEO was paid about $2.2 million.
Also of note: Proposals to be considered for inclusion in the Company’s 2013 proxy statement must be received by the Company no later than August 15, 2012. I think I’ll note that on my calendar, just in case I want to submit something.