Jos. A. Bank shareholders say yes to say on pay

Shareholders of Jos. A. Bank Clothiers approved the company's executive pay package in a nonbinding "say on pay" vote Friday.

During the company's annual meeting, shareholders also re-elected President and CEO R. Neal Black and chairman Robert N. Wildrick to the board of directors.

Black's base salary in fiscal year 2010 was $762,500, but total compensation was nearly $4 million, including incentives and stock awards. Wildrick's total compensation was $1.2 million.

Shareholders also approved a measure to vote on executive pay every year.

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