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  "documentTitle": "AOL, Inc. (AOL)",
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  "authorName": "Jeffrey C. Smith",
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  "presentationDate": "2012-05-23 00:00:00",
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      "text": "While executive compensation is important, the failure by the Board to approve an appropriate peer group... is indicative of a much larger problem – a Board that does not appear to exercise proper oversight...",
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      "text": "This has resulted in executive compensation at AOL that is approximately 3.4 times the median compensation of an appropriate peer group that fits within the guidelines recommended by both ISS and Glass Lewis, despite poor absolute and relative stock price and financial performance.",
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      "text": "Despite concern from ISS on pay for performance and Glass Lewis on peer group selection, AOL has consistently chosen a peer group comprised of some of the world's largest companies...",
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      "text": "This has resulted in executive compensation at AOL that is approximately 3.4 times the median compensation of an appropriate peer group...",
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      "text": "executive compensation multiple: 3.4x",
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      "text": "We believe AOL's compensation peer group and pay for performance practices are unacceptable",
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