Blockbuster adopts "say on pay" shareholder vote

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The "say on pay" provision allows shareholders a voice in the compensation of top executives, including Blockbuster Chief Executive Jim Keyes and Chief Financial Officer Thomas Casey.

NEW YORK (Reuters) - Video rental chain Blockbuster Inc <BBI.N> said on Tuesday its board has adopted a non-binding shareholder vote on executive pay beginning in 2009.

The "say on pay" provision allows shareholders a voice in the compensation of top executives, including Blockbuster Chief Executive Jim Keyes and Chief Financial Officer Thomas Casey.

(Reporting by Michele Gershberg; editing by John Wallace)