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    1. US Regulators Lift Strict Oversight of Prudential

      US Regulators Lift Strict Oversight of Prudential

      WASHINGTON (AP) — A group of federal regulators on Wednesday lifted the strict government oversight imposed on big insurer Prudential Financial Inc. It was the last financial company still carrying the label that subjected it to special restrictions stemming from the 2008 financial crisis. The unanimous decision by the Financial Stability Oversight Council closed the books on its actions tagging selected big financial companies as potential threats...

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    2. New Tesla Chair Must Rein in CEO Musk at Key Moment

      New Tesla Chair Must Rein in CEO Musk at Key Moment

      WASHINGTON (AP) — It won’t be an easy job.

      Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping Musk achieve his dream of turning Tesla into a profitable, mass-market producer of environmentally-friendly electric cars...

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      Mentions: Technology CEO SEC
    3. Think You Don’t Belong in the Boardroom? Think Again

      Think You Don’t Belong in the Boardroom? Think Again

      For the longest time, a “board” filled my mind with images of older white men wearing suits and sitting around a table making decisions. Unfortunately, the data back up my mental images. This 2016 study by the Alliance for Board Diversity and Deloitte shows that 3.8 percent of Fortune 500 board seats are held by minority women, compared to 69.2 percent by white men. This should be an urgent call for greater diversity in the boardroom...

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    4. Microsoft Cheers Year of ‘Solid Progress’ at Shareholders Meeting

      Microsoft Cheers Year of ‘Solid Progress’ at Shareholders Meeting

      The board’s composition last changed a year ago with the appointment of Johnson & Johnson executive Sandra Peterson, and a former Cisco executive, Padmasree Warrior. The addition of two women to the board, replacing the retiring Maria Klawe, made Microsoft’s directors a bit more diverse ...

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    5. Steve Ballmer Reflects on Microsoft’s Ill-Fated Phone Moves, Relationship with Bill Gates

      Steve Ballmer Reflects on Microsoft’s Ill-Fated Phone Moves, Relationship with Bill Gates

      If he could do it over again, Steve Ballmer says he would have pushed Microsoft into the smartphone hardware business earlier. The former chief executive said in an interview with Bloomberg television that his decision to get deep into the hardware business, with Surface tablets and later with the purchase of Nokia’s handset business, caused a split with the company’s board of directors and strained his relationship with co-founder Bill Gates...

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      Mentions: Chairman
    6. Expedia Says No Pay Gap Between Men and Women in its Ranks

      Expedia Says No Pay Gap Between Men and Women in its Ranks

      Expedia says no pay gap between men and women in its ranks Originally published June 17, 2016 at 7:28 am Expedia released findings from an internal study on gender pay and representation. Share story Female employees are paid equally to men at Expedia, the company said after conducting an internal review of its workforce, but more still needs to be done.....

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      Mentions: CEO
    7. BP Chief Weathers Shareholder Discontent Over CEO’s $20M Pay Pack

      BP Chief Weathers Shareholder Discontent Over CEO’s $20M Pay Pack

      BP says it’s ready to listen to shareholder concerns about its executive compensation policy after some of the company’s largest shareholders opposed plans to increase CEO Bob Dudley’s pay package by 20 percent to $19.6 million even after earnings plunged. Aberdeen Asset Management, which manages ...

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    8. Shareholders’ Votes Have Done Little to Curb CEO Pay

      Shareholders’ Votes Have Done Little to Curb CEO Pay

      It’s been five years since the Dodd-Frank law required companies to let investors vote on their executive-pay practices. The idea, lawmakers said, was to give shareholders a chance to sound off when compensation plans are not in their best interests. But has putting these matters to a vote done anything to rein in executive pay? Not a chance. Since these votes started being tallied, CEO pay has risen on average 12 percent annually...

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    9. Stock Awards on Top of Pay, Bonuses Boost CEO Compensation

      Stock Awards on Top of Pay, Bonuses Boost CEO Compensation

      With a stock-heavy compensation package that hit $84.3 million last year, Microsoft CEO Satya Nadella was easily the highest-paid among them. When ranked by total pay in 2014, Microsoft CEO Satya Nadella didn’t just come in first among 113 public-company CEOs in Washington, Oregon and Idaho. He also lapped them. Microsoft’s board of directors last year awarded its new CEO a compensation package that added up to $84.3 million in stock, cash and benefits, according to the company’s proxy filing...

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    1-25 of 25
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