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Compensation Clawbacks Begin to Take Hold in Corporate America - Intelligize

Summary by Intelligize
Macy’s Inc. filed its annual proxy statement this year on April 1, also known as April Fools’ Day. Unfortunately for some of the New York-based department store chain’s executives, the company wasn’t joking when it disclosed a portion of their pay would be getting clawed back. We told you last year about the accounting troubles at Macy’s after the retailer discovered an employee made incorrect accounting entries and falsified documents to hide m…
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Intelligize broke the news in on Wednesday, April 9, 2025.
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