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Jones Lang LaSalle shareholders approve executive compensation proposals

Jones Lang LaSalle Inc.'s shareholders approved the proposed new 2017 stock award and incentive plan and executive compensation proposal at the annual meeting of shareholders May 31.

The votes came after shareholder Generation Investment Management LLP expressed concern over the company's executive compensation program and corporate governance, and urged shareholders to vote against the proposals.

Of all the votes cast at the company's May 31 annual meeting, 36,708,182 were in favor of the proposed stock award and incentive plan, 1,076,028 were against it and 20,669 were abstentions.

The executive compensation proposal also gained a majority affirmative vote with 21,070,385 shareholders voting in favor, 16,622,999 voting against and 111,495 abstentions.