The signs of an economic downturn are piling up. While any good corporate leader can expect to experience some economic volatility, the next wave is coming during particularly unique times. The COVID-19 public health crisis is ongoing, supply chain issues are affecting most industries, and the Russia-Ukraine conflict has created new challenges of its own...
The U.S. Securities and Exchange Commission filings of some of America’s largest public companies are revealing key trends in ESG disclosures and investor focus this year...
A whopping 72% of new board members at S&P 500 companies come from underrepresented groups, according to an analysis from executive recruiting firm Spencer Stuart. However, overall board diversity has not increased by much due to low turnover...
Last week, the CEO of real estate company Redfin, Glenn Kelman, announced the company was laying off 8% of its employees in an email, saying that demand for the company’s realtor services had fallen 17% below expectations in May...
The number of environmental and social (the E and S in ESG, short for environmental, social, and governance) investor proposals filed this annual-general-meeting season promised to set records, not only in absolute numbers but also for those making it to a vote. That’s bearing out...
Paul Singer’s Elliott Investment Management is seeking $456 million in damages from the London Metal Exchange over its move in March to cancel nickel trades after a massive short squeeze...
At a time when inflation is at a 40-year high, and wages aren't keeping up, the compensation of CEOs at large corporations keeps rising, despite the disapproval of some shareholder groups and even employees...
Even by the standards of a high-powered Fortune 500 media mogul, David Zaslav has generated an inordinate number of headlines over the past year or so. And most of them involved giant gobs of money...
If any CEO has earned a big payday over the past few years, it might be Cynthia Warner. She’s not a household-name CEO. But in the three years since she became chief executive of Renewable Energy Group, a producer of “bio” diesel and other fossil-fuel alternatives, Warner has generated plenty of value for her company’s public shareholders...
McDonald’s Corp. investors voted in favor of a proposal calling for an independent civil-rights audit, going against the company’s recommendation, according to preliminary vote totals viewed by Bloomberg...
Intel shareholders voted against the company’s executive compensation program last week, which included part of a $178.6 million payout to CEO Pat Gelsinger, according to a regulatory filing published Monday.Around 1.78 billion votes, making up around 54.2% of shareholders of the chip-manufacturing giant, were cast against the executive compensation, while 932 million votes were made in favor. Around 577 million votes abstained or were broker non-votes...
Executive pay at the largest companies in the U.S. hit a sixth straight annual record in 2021, as the median pay packet for leaders at S&P 500 companies rose roughly 12% to $14.7 million, according to an analysis from the Wall Street Journal. But the highest-paid executives might not be who you expect.For example, Elon Musk, the world’s wealthiest man, was the lowest-paid CEO in 2021, receiving a total salary of $0 from Tesla Motors for the second year in a row.In 2018, however, Tesla awarded Musk a record-setting $2.3 billion pay package ...
The makeup of corporate boards is beginning to reflect the realities of tomorrow’s business landscape. Among large, public companies, new board appointments are showing preference toward candidates with specialized expertise and active executives who are not already on other boards...
Corporate Purpose–the purpose and its alignment with the long-term strategy. Trends—like mega and market trends. Corporate Governance –executive and ...
Sustainability officers at major companies say they've sought outside expertise to help them meet their metrics...
Today's workers want to be part of a company where they feel connected to its mission. The same holds true for prospective directors , says Shannon ...
CFOs need to get serious about ESG—environmental, social, and corporate governance...
Boards are taking on a more active role in corporate affairs, weighing in ... the research arm and think tank of the global corporate - governance ...
Women in revenue-generating roles are eyeing the door over compensation and work-life balance issues, and also sexual harassment...
The rich got richer in 2021, as the median pay for the nation’s CEOs is on pace to set a record this year, up a whopping 19% over the year before...
Don't shed any tears for CEOs who took a pay cut in 2020 as the pandemic ravaged businesses. Last year, corporate America rewarded its CEOs handsomely for steering their companies through the worst of the COVID-19 pandemic, according to data shared exclusively with Fortune...
Placing investors on boards poses a challenge to board diversity. ... private companies didn't have a woman on their board of directors in 2021, ...
It's the annual meeting season for corporations, and environmental, social, and governance (ESG) will continue to be on the agenda...