Huron investors nix incentive plan for 2nd time

(Crain’s) — Shareholders of Huron Consulting Group Inc.
have once again rejected a plan to sweeten incentive-based compensation
for employees and directors of the Chicago-based consultancy.

Despite cutting the number of additional shares available for
performance-based awards to 800,000 from 2.5 million, the revised
proposal was defeated, with about 55% of votes cast against the plan,
the company said.

By a nearly 2-1 margin, shareholders at Huron’s May 6 annual meeting
turned down the first version, which proxy consultants opposed as too
dilutive of shareholders. The meeting was adjourned and reconvened for
Tuesday’s second vote. The consultants advised shareholders to reject
the revision, as well.

“We and the compensation committee of our board of directors will now
review our overall compensation plans, programs and philosophies,

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