The Globe and Mail reports in its Saturday edition that shareholders rebuked Agnico Eagle Mines for the second straight year for its executive pay practices, as its advisory "say on pay" resolution failed at the company's annual meeting Friday. The Globe's David Milstead writes that executive chairman Sean Boyd said the company was "disappointed" with the result and Agnico Eagle will continue to make changes in its executive pay programs based on conversations with "many" shareholders. "Based on feedback in these recent meetings, we have committed to additional changes which will improve on the changes that we already made," Mr. Boyd said at the meeting. "I'm confident based on the changes that we made coming into this meeting after last year's meeting ... that we have this right and it's time to move on." Last year, the company had the worst say-on-pay vote result in Canada, with only 24 per cent of shareholders approving of its approach to compensation. As is customary, the company did not announce the exact vote totals at the meeting; the numbers were to come later, in a news release and regulatory filing. By flunking for a second year in a row, Agnico is the rare Canadian company to lose two consecutive votes.