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Stock impact report

T. Rowe Price says 2018 Tesla pay aligned with investor interests [Reuters]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: Reuters
April 18 (Reuters) - Mutual fund firm T. Rowe Price (TROW.O) New Tab , opens new tab said Elon Musk's record-breaking 2018 pay package from Tesla "demonstrated strong alignment" with the interests of investors at the electric carmaker. The comments from the 10th-largest Tesla (TSLA.O) New Tab , opens new tab investor mark important support after a Delaware judge in January voided the $56 billion package as being unfair to investors because it was negotiated by directors who appeared beholden to Musk. In response Tesla said in a preliminary proxy statement on Wednesday that it will hold an unusual special vote at its June 13 annual shareholder meeting to re-approve its chief executive's 2018 pay package. In an email exchange through Thursday a T. Rowe Price representative said it was "premature" to say exactly how the company's funds would vote at the meeting on particular proxy items. But the representative also sent a company statement that "With respect to executive com Show less Read more
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