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May 9 (Reuters) - Prudential Financial Inc shareholders on Tuesday approved the company's compensation for executives and sided with directors in rejecting a proposal that would require an independent board chairman.
Shareholders voted at the annual shareholders meeting in Newark, New Jersey, to award Chairman and Chief Executive Officer John Strangfeld a total of $17.4 million in direct compensation, which includes his base salary as well as annual and long-term bonuses. Strangfeld's compensation was largely unchanged from 2015. (Reporting by Suzanne Barlyn; Editing by Peter Cooney)