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    1. SEC Focus on Executive Perk Disclosure Continues

      SEC Focus on Executive Perk Disclosure Continues

      In June 2020, the Securities and Exchange Commission settled charges with insurance company Argo Group International Holdings, Ltd. for failing to disclose perks and benefits received by its former chief executive officer. Per the SEC order, Argo failed to report over $5.3 million in perks that its CEO received between 2014 and 2018 in violation of federal securities law...

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    2. Ackman’s Blank Check Company Raises IPO Target to $4 Billion

      Ackman’s Blank Check Company Raises IPO Target to $4 Billion

      Pershing Square Tontine Holdings, the blank check company backed by billionaire investor Bill Ackman , has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company, or SPAC. The firm plans to go public with 200 million units at $20 each, according to a regulatory filing on Monday. A SPAC uses IPO proceeds and borrowed funds to acquire a company, typically within two years...

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    3. Ted Baker Faces Investor Revolt Over Executive Pay, Times Says

      Ted Baker Faces Investor Revolt Over Executive Pay, Times Says

      (Bloomberg) -- Ted Baker Plc is facing a revolt against controversial plans to increase executive pay as the company fights for survival, the Sunday Times reported. Institutional Shareholder Services Inc. recommended that investors vote down the retailer’s remuneration policy at its annual general meeting next week, the paper reported. The advisory firm says the company’s decision to increase executive salaries and bonuses is not justified...

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    4. Apple CEO Tim Cook Will Become a Free Agent at the End of Next Year

      Apple CEO Tim Cook Will Become a Free Agent at the End of Next Year

      Bloomberg recently released a list of the top paid CEOs for last year and it revealed that Apple CEO Tim Cook received more than $133 million in compensation last year. This includes $3 million in salary, a $7.7 million bonus, $122.2 million in stock awards, and more than $884 million in perks. The total placed Cook second among these well-paid executives. Topping the list with total 2019 compensation amounting to $595.3 million was Tesla CEO Elon Musk...

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    5. Cracker Barrel Old Country Store® Elects Gilbert Dávila to Board of Directors

      Cracker Barrel Old Country Store® Elects Gilbert Dávila to Board of Directors

      /PRNewswire/ -- Cracker Barrel Old Country Store® (Nasdaq: CBRL) today announced that Gilbert Dávila has been elected to the company's Board of Directors, effective immediately.  Mr. Dávila is the founder and CEO of DMI Consulting - a leading multicultural marketing, diversity & inclusion and strategy firm in the United States, assisting mostly Fortune 200 companies...

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      Mentions: Nasdaq AMP Founder
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