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Big chunk of shares rejected BB&T's exec comp plan in say-on-pay vote

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Big chunk of shares rejected BB&T's exec comp plan in say-on-pay vote

shareholders attheir annual meeting held April 26 approved the Winston-Salem, N.C.-basedcompany's executive compensation program, according to a Form 8-K filed April29.

There were 311,220,573votes in favor of the proposal and 258,789,162 votes against it. There were5,100,992 abstentions. And there were 97,366,610 broker nonvotes.

Excluding the broker nonvotes, about 45.0% of shares werevoted against the executive compensation program in this say-on-pay vote.