Corel shareholders approve change to stock options for execs

The Canadian Press reports that Corel Corp. shareholders have approved
a plan to change the
software company’s stock
options for about a dozen
high-ranking executives,
including chief executive
Derek J. Burney.

“Shareholders at the annual
meeting gave overwhelming
support for the move because
they recognized it also
benefited the company’s
finances, Burney said after the
meeting at the Corel Centre in
suburban Ottawa.”