March 11, 2020 / 3:31 PM / a month ago

BlackRock says voted against Qualcomm executive pay, director

BOSTON, March 11 (Reuters) - Top fund manager BlackRock Inc said on Wednesday it cast an advisory vote against the pay of executives at chipmaker Qualcomm Inc,, and against a compensation committee member, citing a concern that a one-time stock award was "not aligned" with shareholder interests.

Qualcomm's executive pay failed to win a majority of support from shareholders in an advisory vote at its annual meeting held Tuesday, according to the San Diego Union-Tribune Newspaper. The company has not yet disclosed an official vote tally. (Reporting by Ross Kerber)

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