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Philips shareholders vote against executive compensation plan

Philips shareholders vote against executive compensation plan
Philips shareholders vote against executive compensation plan Copyright  Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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AMSTERDAM - Philips shareholders voted against the company's executive compensation plan at the annual shareholders' meeting on Tuesday, ANP reported, in a protest over the company's recent poor results and product recalls.

Although the vote was non-binding, Chairman Feike Sijbesma said he would take the result seriously, the agency reported.

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