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    1. Blackstone Boss Steve Schwarzman Earned a Mammoth $785 Million in 2017

      Blackstone Boss Steve Schwarzman Earned a Mammoth $785 Million in 2017
      • Blackstone founder and CEO Steve Schwarzman earned $787 million in 2017.
      • Most of that is dividends from the shares he owns in the firm.

      Blackstone founder and CEO Steve Schwarzman had a monster year in 2017.

      Schwarzman drew a salary of $350,000 in 2017, which is a healthy chunk of change to most people (the median household income is about $60,000)...

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      Mentions: CEO SEC stock options
    2. Spotify's 35-year old Co-Founder wrote an emotional letter to investors promising to make users 'empathize' with each other and to 'feel part of a greater whole'

      Spotify's 35-year old Co-Founder wrote an emotional letter to investors promising to make users 'empathize' with each other and to 'feel part of a greater whole'
      • Spotify CEO Daniel Ek introduced himself to the world with a letter to potential investors.
      • At roughly 1,300 words, Ek's letter touched upon the company's business potential.
      • "We really do believe that we can improve the world, one song at a time," Ek wrote.

      Spotify is ditching underwriters, roadshows and even predetermined price ranges in its unorthodox "Direct IPO." But there's one tradition the music streaming company is sticking with: The founder's letter...

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      Mentions: Investors CEO IPO
    3. Snap CEO Spiegel's $637 Million Bonus Shows Just How Broken Executive Compensation Is

      Snap CEO Spiegel's $637 Million Bonus Shows Just How Broken Executive Compensation Is
      • Snap recently disclosed that it paid CEO Evan Spiegel $638 million last year — mostly in the form of a gigantic stock award.
      • The award was worth more than any other since at least 2011, bigger even than the jumbo award Apple gave Tim Cook when he took over from Steve Jobs as CEO.
      • Snap says it gave him the award for leading it to an IPO, but its rationale for the award itself and its huge size doesn't make much sense...
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    4. A Secretive U.S. Group That Can Stop Mergers is Looking at Broadcom's Attempted Hostile Takeover of Qualcomm

      A Secretive U.S. Group That Can Stop Mergers is Looking at Broadcom's Attempted Hostile Takeover of Qualcomm

      Thomson Reuters

      • A secretive national security panel that investigates mergers is looking into Broadcom's attempted hostile take-over Qualcomm.
      • Broadcom is based in Singapore and Qualcomm is based in San Diego.
      • Having this panel look into a deal before it has been struck is extremely rare.
      • A top Senate Republican has urged the panel to get involved now...
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    5. SeaWorld CEO Joel Manby is Stepping Down

      SeaWorld CEO Joel Manby is Stepping Down
      • SeaWorld Entertainment CEO Joel Manby stepped down on Tuesday.
      • Manby took over in March 2015 amid a scandal over the parks' treatment of their signature orca whales and plummeting attendance.
      • The company also reported fourth quarter earnings which saw attendance dip, losses increase, and revenue fall by less than analysts expectations.

      SeaWorld Entertainment CEO Joel Manby stepped down after nearly three years leading the embattled theme parks company...

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    6. Facebook Reaches a $35 Million Settlement for Class-Action Lawsuit Over its 2012 IPO

      Facebook Reaches a $35 Million Settlement for Class-Action Lawsuit Over its 2012 IPO
      • Facebook and CEO Mark Zuckerberg reached a $35 million settlement in a class-action lawsuit brought on by shareholders.
      • The shareholders claimed that Facebook had been hiding concerns about its growth just before the social media company's IPO in May 2012; Facebook shares dipped immediately after, and stayed below the initial $38 per share for a year before rebounding...
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      Mentions: CEO IPO Facebook
    7. Dropbox’s IPO is just the Latest Case of Startup CEOs Consolidating Their Power — and Investors Should be Outraged

      Dropbox’s IPO is just the Latest Case of Startup CEOs Consolidating Their Power — and Investors Should be Outraged
      • A growing number of tech companies are setting up stock arrangements that give outsized voting power to executives and founders — at the expense of regular shareholders.
      • Dropbox, which on Friday released the paperwork it filed to go public, is the latest startup to go this route; the arrangement would give CEO Drew Houston nearly a quarter of the voting power at the company.
      • Such stock structures insulate insiders from shareholder concerns, a privilege that executives and managers can abuse...
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      Mentions: Investors CEO IPO
    8. Snap May Have Lost $720 Million in 2017, But Evan Spiegel Was Probably Paid More Than Any Other US CEO

      Snap May Have Lost $720 Million in 2017, But Evan Spiegel Was Probably Paid More Than Any Other US CEO

      twitter Snap CEO Evan Spiegel received a massive payout in 2017, being awarded $US638 million in stock and compensation the year the firm went public. That’s probably a higher payout than any other chief executive in the US, data firm Equilar told The Financial Times. That’s astonishing given Snap lost $US720 million in 2017 and is nowhere as big as the very profitable Apple and Google in terms of revenue or market cap...

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      Mentions: CEO Google Twitter
    9. The CEO Who Turned Around Arby's says Much of his Success Should be Attributed to an Advantage Most CEOs Don't Have

      The CEO Who Turned Around Arby's says Much of his Success Should be Attributed to an Advantage Most CEOs Don't Have
      • This post is part of Business Insider's ongoing series on Better Capitalism.
      • Inspire Brands CEO Paul Brown is tasked with turning around the restaurant chain Buffalo Wild Wings, using the same tactics he deployed at Arby's.
      • Brown said that a main reason he's able to enact major changes is because of patient shareholders, especially because Inspire is private...
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    10. Qualcomm Raises it Bid for NXP Semiconductors

      Qualcomm Raises it Bid for NXP Semiconductors
      • Qualcomm raised its bid for NXP Semiconductors to $127.50 a share from $110.
      • Qualcomm would need to buy a minimum of 70% of NXP's outstanding shares in a tender offer.
      • The latest deal values NXP at $44 billion.

      (Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp...

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    11. We Talked to JPMorgan CEO Jamie Dimon About the Bank's $20 Billion Investment in the US, the Economy, and Why he Won't Run for Office

      We Talked to JPMorgan CEO Jamie Dimon About the Bank's $20 Billion Investment in the US, the Economy, and Why he Won't Run for Office
      • Business Insider caught up with the JPMorgan Chase CEO in the South Bronx on Tuesday, where the bank was announcing the expansion of its Entrepreneurs of Color Fund.
      • We asked him about inflation concerns, the bank's five year, $20 billion dollar investment in the US, and its healthcare initiative with Amazon and Berkshire Hathaway...
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    12. Apple Shareholders Just gave a Huge Vote of Confidence to Tim Cook (AAPL)

      Apple Shareholders Just gave a Huge Vote of Confidence to Tim Cook (AAPL)

      Reuters

      • Apple held its annual shareholder's meeting at its new California headquarters on Tuesday.
      • Apple CEO Tim Cook discussed investing in the US but provided no details.
      • Shareholders voted to approve all the board members for new terms, and voted against shareholder proposals seeking to make Apple form a human rights committee and to make it easier for shareholders to nominate their own slates of board directors...
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    13. Xerox is Sliding After Being Sued by One of its Largest Shareholders (XRX)

      Xerox is Sliding After Being Sued by One of its Largest Shareholders (XRX)
      • Billionaire investor Darwin Deason has sued Xerox to block its proposed merger with Fujifilm.
      • Shares of Xerox sank more than 3% on the news; Fujifilm was also down.

      Shares of Xerox plunged as much as 3.35% Tuesday morning after one of its largest shareholders, billionaire Darwin Deason, filed a lawsuit against the company to block its proposed merger with Japan's Fujifilm...

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    14. 48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO

      48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO
      • Private-equity giant Blackstone Group has promoted Jonathan Gray to replace Tony James as COO.
      • Gray, 48, has run the firm's global real estate group since 2005.
      • Gray joined the firm out of college in 1992 and has built a billion-dollar fortune in his time there.

      Alternative-asset management giant Blackstone Group has tapped 48-year-old billionaire Jonathan Gray as its next chief operating officer, the company announced Tuesday...

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      Mentions: Blackstone
    15. Carl Icahn and Darwin Deason are Trying to Stop the Xerox Fujifilm Deal

      Carl Icahn and Darwin Deason are Trying to Stop the Xerox Fujifilm Deal

      TXerox Corp's plan to sell itself to Japan's Fujifilm Holdings has come under further pressure with Carl Icahn and Darwin Deason urging fellow shareholders to oppose the $6.1 billion deal.

      Masayuki Otani, chief market analyst at Securities Japan, said that Xerox and Fujifilm have limited options in terms of addressing Icahn's and Deason's opposition to the deal...

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    16. A Dell and VMware Merger is a 'Worst Case Scenario' for Shareholders

      A Dell and VMware Merger is a 'Worst Case Scenario' for Shareholders
      • Analysts at Morgan Stanley warned in a note Monday that a reverse merger between Dell and VMware is a "worst case scenario" for VMware shareholders.
      • Analysts said a merger could devalue VMware by as much as $28 billion. This also leads them to believe that a merger is unlikely, according to the note.
      • VMware confirmed in early February that Dell is considering a reverse merger with the publicly-traded company, as a means of going public itself...
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      Mentions: IPO Merger risk
    17. Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback

      Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback
      • Arby's parent company Roark Capital Group completed its $2.9 billion acquisition of struggling Buffalo Wild Wings on Monday.
      • Paul Brown, who led Arby's turnaround, will be CEO of the newly formed operating company that will oversee both Buffalo Wild Wings and Arby's.
      • Brown told Business Insider that the major changes on Buffalo Wild Wings' horizon include new menu and marketing strategies.
      • The biggest problem Brown says he has to solve: Buffalo Wild Wings lost what made it unique...
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    18. How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting

      How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting
      • In January, Business Insider's US editor-in-chief, Alyson Shontell, hosted a discussion with two top executives at the World Economic Forum in Davos, Switzerland.
      • Cindy Robbins, the president and chief people officer at Salesforce, helped spearhead the program known as Women's Surge at the company.
      • Janet Foutty, the chairman and CEO of Deloitte Consulting, has risen to the top and seen firsthand the challenges women face on the way...
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    19. Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job

      Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job
      • Lululemon's CEO abruptly resigned Monday. The company released a statement suggesting he had engaged in poor conduct.
      • It is now searching for a replacement CEO but will be run by three members of senior management during the interim period.
      • Analysts say industry veteran Stefan Larsson is the frontrunner for the job...
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    20. The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case

      The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case
      • South Korean police have identified Samsung Chairman Lee Kun Hee as a potential suspect in a tax evasion case.
      • The evasion is worth 8.2 billion won ($7.5 million/£5.4 million), and it involves the use of employees' bank accounts.
      • The police also said that the money was found in the course of their probe into alleged improper payments for the renovation of Lee's family residence...
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    21. Kaz Hirai is Stepping Down as CEO of Sony

      Kaz Hirai is Stepping Down as CEO of Sony

      Sony CEO Kazuo "Kaz" Hirai will step down from the role at the end of the fiscal year in March.

      • He will be replaced by the current CFO, Kenichiro Yoshida, who worked with Hirai over the past six years on the unifying "One Sony" strategy.
      • The company will report its Q3 earnings on Friday, where it expects yet another successful quarter, and might give more guidance on the longer-term strategy under Yoshida...
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      Mentions: CEO CFO Sony
    97-120 of 1136 « 1 2 3 4 5 6 7 8 ... 46 47 48 »
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