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    1. Zuckerberg's $1.5 Million Worth of Private-Plane Trips—and Other Perks of Being the Boss

      Zuckerberg's $1.5 Million Worth of Private-Plane Trips—and Other Perks of Being the Boss

      The benefits of running a large public company go well beyond paychecks and stock awards. Take Mark Zuckerberg , who crisscrossed the U.S. last year to attend a rodeo in Fort Worth, Texas, speak with Muslim students in Dearborn, Michigan, and fish salmon in Alaska, all part of a personal challenge to meet and talk with regular people...

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    2. Unilever Faces Shareholder Revolt Over Executive Pay

      Unilever Faces Shareholder Revolt Over Executive Pay

      Unilever faces a stand-off with shareholders over executive pay next month, after two influential shareholder advisory firms urged investors to reject the consumer goods giant's proposals. Unilever is attempting to swap its 'base salary' for a consolidated 'fixed pay' structure, which would mean it could hand larger pay rises and bonuses to its executives...

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    3. London Stock Exchange Finds New CEO at Goldman Sachs

      London Stock Exchange Finds New CEO at Goldman Sachs

      London Stock Exchange Group hired Goldman Sachs Group ’s David Schwimmer to run the 217-year-old bourse, ending a months-long search for a CEO by appointing another investment banker. He will join the group on Aug. 1 following a 20-year career at Goldman Sachs (gs) , the exchange said in a statement on Friday. Schwimmer, 49, takes up one of the most high-profile jobs in the City of London and is currently based in New York...

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    4. William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      A 9.1 percent pay increase for new William Hill Plc Chief Executive Officer Philip Bowcock threatens to spark a shareholder rebellion at the U.K. bookmaking group. Institutional Shareholder Services Inc. , the advisory group that normally commands as much as 25 percent of shareholder support for its resolutions ahead of company annual general meetings, has advised William Hill investors to vote against the company’s remuneration report at its coming annual meeting...

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    5. Shareholder Litigation in the Wake of the #MeToo Movement

      Shareholder Litigation in the Wake of the #MeToo Movement

      Companies are facing a growing number of derivative and securities class actions in the wake of the #MeToo movement. Having strong protocols to address allegations of harassment and sexual misconduct, thoroughly and promptly investigating such allegations, and carefully weighing the risks in severance payments to accused harassers are some of the steps companies can take to protect against such actions...

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      Mentions: Investors CEO SEC
    6. Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Ontario PC Leader Doug Ford is vowing to fire the head of Hydro One, and its entire board if he's elected premier in June. Ford made the announcement Thursday morning, calling President and CEO Mayo Schmidt, Premier "Kathleen Wynne's $6-Million dollar man," referring to his yearly salary and bonuses, which now add up to $6.2 million. "This board and this CEO are laughing themselves to the bank," Ford said...

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    7. Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger

      Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger
      • CBS CEO Leslie Moonves could reportedly make up to $280 million if he is fired over an embattled potential merger between CBS and Viacom, Bloomberg reported.
      • CNBC reported on Wednesday that Shari Redstone, the controlling shareholder of CBS and Viacom, was "likely" to remove Moonves as the head of CBS if merger negotiations between CBS and Viacom fell through.
      • Moonves' contract entitles him to $150 million if he is fired before its expiration in 2021, Bloomberg reported...
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      Mentions: CEO Merger Bloomberg
    8. AutoNation Shareholders to Vote on Proposal to Split Chair and CEO Roles

      AutoNation Shareholders to Vote on Proposal to Split Chair and CEO Roles

      Instead of focusing on corporate governance , AutoNation chooses to “attack the person who is proposing the amendment,” he said. There has been some pushback from the SEC on shareholder proposals, with the regulatory agency issuing a legal brief suggesting some restrictions. The SEC declined to ...

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    9. Activist Investor Barington Nominates Two Directors at Xerium

      Activist Investor Barington Nominates Two Directors at Xerium

      BOSTON, April 12 (Reuters) - Activist investor Barington Capital Group LP has launched a fight for two board seats at machine industry company Xerium Technologies Inc., according to a regulatory filing made on Thursday. The New York-based hedge fund, which owns 5.05 percent of Xerium, nominated two directors to sit on the company’s eight member board...

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    10. Western Forest Products Inc. Announces Board of Director Changes

      Western Forest Products Inc. Announces Board of Director Changes

      (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF ) (“Western” or the “Company”) announced today that Mr. Barrie Shineton will not be standing for re-election as a director at Western’s Annual and Special Meeting on May 3, 2018, and that Ms. Suzanne Blanchet has been proposed as a nominee for election to the Company’s Board of Directors (the “Board”). “On behalf of the Board, I would like to thank Mr. Shineton for his ...

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    11. Former House Speaker John Boehner is Joining the Board of a Marijuana Company — and an Analyst is Calling it a 'Monumental Event'

      Former House Speaker John Boehner is Joining the Board of a Marijuana Company — and an Analyst is Calling it a 'Monumental Event'
      • Former House Speaker John Boehner is joining the board of Acreage Holdings, a firm that owns marijuana cultivation facilities and dispensaries in 11 states.
      • Boehner said his thinking about cannabis legalization has "evolved."
      • It's a watershed moment for the cannabis industry — analysts say it will perk up investor interest in a sector that could see $75 billion in revenue by 2030....
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    12. The Structure of Board Committees

      The Structure of Board Committees

      Despite the central role of boards in corporate governance, there has been relatively little understanding of their internal organization, specifically the structure of board committees. Using a dataset of over 6,000 firms, the authors find that committee activity, especially the number of committees, has been stable over time. Most of the familiar non-required board committees are rarely used. The majority of directors sit on multiple committees. The benefits and costs of a committee depend on its type. Overall, committees need to be more integrated into our understanding of corporate governance.

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    13. Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      After nine of 13 members of Forest City Realty Trust's board agreed to step down last month, investors turned their attention to other real-estate investment trusts that could face board pressure in the coming weeks.

      The problem: Shares of many REITs have been flagging for the past year, in part because of worries the property market is nearing a peak and partly because of higher interest rates, which make REITs less attractive....

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