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Board committee backs resolution urging SFERS review of executive pay and proxy voting
Summary
The Government Audit & Oversight Committee voted to send a resolution to the full Board urging the San Francisco Employees' Retirement System to review executive compensation practices, hold a public hearing, evaluate best practices and publish a list of companies found to violate any adopted policy.
A San Francisco Board committee on March 1 advanced a resolution requesting the San Francisco Employees' Retirement System (SFERS) review executive compensation, evaluate best practices, hold a public hearing and issue a public report.
Barbara Lopez, speaking on behalf of Supervisor Jane Kim, told the committee the resolution "urges the San Francisco employee retirement system board to review executive compensation,…
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