SAP chairman defends executive pay system | Reuters
MANNHEIM, Germany SAP (SAPG.DE) said on Wednesday its executive pay system was reasonable, defending management bonuses against the criticism of some shareholders. “Our executive payment must be seen in comparison with other software companies and must be competitive,” SAP’s co-founder and supervisory board Chairman Hasso Plattner told the company’s annual shareholders’ meeting. “We think we have a reasonable system,” he added. Leading shareholder advisors have called on […]