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voting on corporate compensation

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    voting on corporate compensation

    Just got my proxy vote package for DTE. Out of the 4 articles to vote on, one of them was pay raises for the corporate executives. DTE seems to have a fairly transparent access to what the top dogs are making. Currently their CEO has a salary of 1.2 million and roughly 7.5 million in stock bonuses/options.

    That seems like so much money it frightens me that they want more. But I understand that is a reward for them helping the company do well. In the provision they don't exactly say how much more money they will give them either. And I like how the stock has been preforming, but it just seems greedy to vote yes and pay then more.

    Any opinions on this? What do you think you would do?
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