Canadian Pacific Railway CEO Fred Green resigned and five other directors withdrew, rendering a shareholder vote anticlimactic.

J.P. Morgan Chase & Co. on Tuesdayannounced its executive compensation plan won the approval of 91.5% of shareholders in a non-binding annual advisory vote, up from 73% last year.

The nation's largest corporations increased the compensation to their chief executives only slightly in 2011, despite better financial results, according to an analysis by Towers Watson.

Walt Disney Co. shareholders voted 57% in favor of ratifying the executive compensation of the company and re-elected all directors with at least 73% of the vote, according to preliminary proxy voting results at the company's annual meeting Tuesday.

Shareholders who voted against CEO pay did so more because of the magnitude of total compensation than total shareholder return, according to an Institutional Shareholder Services report of voting on say-on-pay proposals.

Marla Kreindler and Julie Stapel were named partners at the law firm of Morgan, Lewis & Bockius' employee benefits and executive compensation practice.

Total annual compensation of the five top executives of Russell 3000 companies averaged $1.6 million in 2010, up 37% from 2008, according to research by ISS Corporate Services.

New York City Retirement Systems filed shareholder proposals to strengthen the incentive pay clawback policies at Goldman Sachs Group, J.P. Morgan Chase and Morgan Stanley.

About 98% of U.S. corporations in the first half of 2011 received a majority shareholder vote in support of their executive compensation programs, according to a Council of Institutional Investors report issued Tuesday. The report, titled “Say on Pay: Identifying Investor Concerns,” also said 37

Shareholders rejected by a majority vote executive compensation at only 37 companies, or less than 1.3% of the 2,704 companies that have held say-on-pay votes this year through Sept. 3, according to a report Tuesday by The Conference Board. This is the first year of such mandatory non-binding

Sixty-four percent of companies surveyed by Towers Watson are moderately concerned about having to show the relationship between executive pay and corporate performance, as required under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Only 10% are greatly or very concerned, while