1. Articles from msn.com

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    1. The Activist Investor That Stunned Exxon in Board Fight Has its Sights Set on Another Big Oil Company

      The Activist Investor That Stunned Exxon in Board Fight Has its Sights Set on Another Big Oil Company

      Engine No. 1, the activist hedge fund that forced a green-energy pivot at Exxon , is now eyeing a similar campaign against Chevron , according to a Wall Street Journal report . The activists have been in active discussions with other investors about mass purchasing Chevron shares, which could be a prelude to another campaign to seize board seats, according to the Journal. As it stands, Engine No...

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    2. Women on Boards: Quota Proposal Gains Support as Hong Kong Companies Drag Their Feet on Ensuring Diversity

      Women on Boards: Quota Proposal Gains Support as Hong Kong Companies Drag Their Feet on Ensuring Diversity

      When Ginny Wilmerding joined the board of Hong Kong-listed consumer technology company Techtronic Industries in April, it was an ambition realised after years of waiting. The 52-year-old American, a partner of communications consultancy Finsbury Glover Hering, says she wanted to be appointed to a company board for a long time. "But I was not sure how I would break through," she adds...

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    3. Executive Pay Soared During the Pandemic, Widening the Gulf Between CEOs and Employees. These Were the 5 Execs Who Received the Largest Pay Packages in 2020.

      Executive Pay Soared During the Pandemic, Widening the Gulf Between CEOs and Employees. These Were the 5 Execs Who Received the Largest Pay Packages in 2020.

      For US executives, 2020 was a banner year. The New York Times partnered with executive compensation consulting firm Equilar to examine CEO pay during the pandemic, and how it compared to the average worker at the company. The data showed that not only is the gulf between employee and executive pay widening, but that executive compensation skyrocketed in 2020...

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    4. 'Rio TNT' Detonates Investor Rage Over a £7.2m Bonus for Boss Who Oversaw Destruction of a Sacred Site

      'Rio TNT' Detonates Investor Rage Over a £7.2m Bonus for Boss Who Oversaw Destruction of a Sacred Site

      Rio Tinto is bracing for a shareholder rebellion tomorrow after handing £7.2million to its boss who oversaw the destruction of a sacred site. A huge row is brewing over the decision to grant the windfall to former chief executive Jean-Sebastien Jacques – despite him being ousted after the company blew up two 46,000-year-old rock shelters...

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    5. While Shareholders Own a Company, it's the Executive Team and Board Who Hold the Power: But if You Want To Cut Fat Cat Pay or Make Firms Go Greener - Vote

      While Shareholders Own a Company, it's the Executive Team and Board Who Hold the Power: But if You Want To Cut Fat Cat Pay or Make Firms Go Greener - Vote

      While shareholders own a company, it's the executive team and board who hold the day-to-day power. They decide what dividends to pay, what strategy to follow and how to shape the company's ethos. But for a brief window every year, shareholders are given the tools to gain control. Over the next few weeks, most UK-listed companies will be holding their annual general meetings and an annual vote...

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    6. Domino's Pizza Faces Shareholder Revolt Over Executive Pay Rises

      Domino's Pizza Faces Shareholder Revolt Over Executive Pay Rises

      Domino's Pizza Group faces a shareholder revolt at its annual meeting on Thursday after two City advisers panned its executive pay. Both Glass Lewis and ISS have now red-flagged the chain's plans to give chief executive Dominic Paul and finance chief Neil Smith 'significant' pay rises. Paul, who was hired last May after running Costa Coffee, is paid a base salary of £750,000 – more than 40 per cent higher than that of retired boss David Wild...

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    7. Activist Investor Elliott's Arrival on the Doorstep of GSK May Require Boss Emma Walmsley to Strengthen the Defenses

      Activist Investor Elliott's Arrival on the Doorstep of GSK May Require Boss Emma Walmsley to Strengthen the Defenses

      The arrival of activist investor Elliott Management on the doorstep of Glaxosmithkline's glistening headquarters in Brentford has caught Emma Walmsley and her team on the hop. The pharmaceutical group is aware of investor disquiet about a lagging share price compared with peers on both sides of the Atlantic. The crossover in valuations between its main UK counterpart Astrazeneca and GSK, previously regarded as the UK's top rated big pharma group, has underlined perceived under-performance...

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      Mentions: Management Sanofi BHP
    8. Opinion: Black Power in the Boardroom is Leading the Fight for Justice

      Opinion: Black Power in the Boardroom is Leading the Fight for Justice

      Black business leaders' efforts to stop voter suppression in the wake of Georgia's recently enacted voting bill illustrate the vanishing separation between protest and politics in America today. They also embody the work of Georgia's most famous civil rights activist, Dr. Martin Luther King Jr. Over 70 Black executives , led by former American Express CEO Ken Chenault, signed a letter released at the end of March that pressed corporate America to take a stand on voting rights, one of the central moral and political issues in the United States today. "The new law and those like it are ...

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    9. Activision Chief Bobby Kotick's $200 Million Bonus Condemned by Investment Group

      Activision Chief Bobby Kotick's $200 Million Bonus Condemned by Investment Group

      CtW Investment Group, which describes itself as an investment company that "holds directors accountable for irresponsible and unethical corporate behavior and excessive executive pay," is up in arms about a stock bonus due to Activision-Blizzard CEO Bobby Kotick. While CtW claims it is a $200 million bonus, a rep for Activision told TheWrap that no bonus has been paid yet and the amount of that bonus is currently undetermined. The CtW slam on...

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    10. GameStop’s Short-Lived CFO Set to Leave With $30 Million Package

      GameStop’s Short-Lived CFO Set to Leave With $30 Million Package

      (Bloomberg) -- Jim Bell, the GameStop Corp. finance chief who is being pushed out after less than two years on the job, won’t be leaving empty-handed. The executive will get $15.8 million when he departs, which is set for next month, and he could earn millions more from equity in coming years if activist investor Ryan Cohen can pull off a turnaround of the video-game retailer...

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      Mentions: Amazon CFO Bloomberg
    11. Ex-Nissan CEO Testifies in Ghosn-Linked Tokyo Court Case

      Ex-Nissan CEO Testifies in Ghosn-Linked Tokyo Court Case

      Nissan's former CEO appeared in a Tokyo court on Wednesday in the trial of Greg Kelly, a former aide to Carlos Ghosn facing charges of financial misconduct. Kelly is the only person currently on trial in Japan in connection with the Ghosn saga after the auto tycoon jumped bail in late 2019 and escaped to Lebanon, where he remains an international fugitive...

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    12. All-Male Boards are Now a Thing of the Past Across FTSE 350, the 30% Club Reveals

      All-Male Boards are Now a Thing of the Past Across FTSE 350, the 30% Club Reveals

      All-male boards are now a thing of the past across the FTSE 350, The 30% Club revealed today. The group, which is headed up by female business leaders from around the world, has campaigned to see more women on boards of major companies since 2010. Ann Cairns, global chair of The 30% Club and executive vice-chair of Mastercard, said: “The eradication of all-male boards across Britain’s 350 biggest companies is cause for celebration, particularly at a time when Covid-19 threatens progress in women’s equality. “However, there is still lots more work to be done to make sure all-male ...

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    13. Icahn Sells $600 Million Herbalife Stake, Gives Up Board Seats

      Icahn Sells $600 Million Herbalife Stake, Gives Up Board Seats

      (Bloomberg) -- Billionaire investor Carl Icahn will sell about $600 million-worth of his stake in Herbalife Nutrition Ltd., further winding down his holdings in the nutritional-supplements company after a tumultuous eight-year investment. © Bloomberg Carl Icahn. Herbalife has agreed to repurchase the shares from Icahn at $48.05 each, which was the...

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    1-24 of 71 1 2 3 »
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