MetLife shareholders approve 2016 executive pay

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A MetLife Inc building is shown in Irvine, California

(Reuters) – MetLife Inc shareholders have approved the company’s compensation for executives and sided with directors in rejecting a proposal that would make it easier for shareholders to call special meetings, the company said in a filing on Thursday.

Shareholders voted at the annual shareholders meeting in New York on Tuesday to award MetLife Chairman, President and Chief Executive Officer Steven A. Kandarian total compensation of $15.3 million for 2016, including base salary, stock awards and other compensation. The figure was down slightly from $15.7 million in 2015.

(Reporting by Suzanne Barlyn; Editing by Chris Reese)

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