"Citigroup lost their say-on-pay vote because there was too much discretion in the way compensation was awarded, " said Robin Ferracone, founder and chief executive of Farient Advisors, an executive-compensation consulting firm based in Los Angeles.

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Robin A. Ferracone is the Executive Chair of Farient Advisors, LLC, an independent executive compensation and performance advisory firm which helps clients make performance-enhancing, defensible decisions that are in the best interests of their shareholders.

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Robin A. Ferracone is the Chief Executive Officer of Farient Advisors, LLC, an independent executive compensation and performance advisory firm which helps clients make performance-enhancing, defensible decisions that are in the best interests of their shareholders.

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