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    1. These are the 10 Tech Companies With the Most Diverse Boards

      These are the 10 Tech Companies With the Most Diverse Boards

      In the struggle to achieve representative boards, some companies are pulling ahead. For years, the tech industry has grappled with issues surrounding diversity and inclusion. And while there are still improvements to be made, a slew of companies — ranging from Stitch Fix to Slack — are welcoming more women and people of color into their board rooms...

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    2. C Suisse Shareholders Advised to Reject Pay Proposal

      C Suisse Shareholders Advised to Reject Pay Proposal

      'Wholly inappropriate given the loss suffered by shareholders in the last two fiscal years'. Bloomberg News reports that Glass Lewis & Co. is advising Credit Suisse shareholders reject the bank’s proposal to pay $26m in short-term bonuses to its executive board . The amount appears 'wholly inappropriate given the loss suffered by shareholders in the last two fiscal years', the proxy adviser said in its recommendations for the bank’s annual meeting on April 28...

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    3. Top Firm CEO Snapped

      Top Firm CEO Snapped

      Looks like he has a tough job on his hands. Bloomberg News reports that Snap CEO Evan Spiegel and fellow executives faced questions from investors about declining user engagement, according to fund managers present at the meeting who did not want to be identified as the discussions were private . Questions about ownership structure were also voiced by investors.

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    4. Wells Fargo CEO John Stumpf has to go, Shareholder Says

      Wells Fargo CEO John Stumpf has to go, Shareholder Says

      Shareholder Gerald Armstrong wants a shake-up at Wells Fargo , including the exit of CEO John Stumpf . Wells Fargo Chairman and CEO John Stumpf continues to blame everyone else for the opening of unauthorized accounts and he absolutely has to go, shareholder rights activist Gerald Armstrong said Monday. Armstrong also wants to see a shake-up of the board of directors...

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      Mentions: CEO Shareholders
    5. Deutsche Bank Announce New Appointments to Management Board

      Deutsche Bank Announce New Appointments to Management Board

      Nicolas Moreau , 51, will join the Management Board of Deutsche Bank , from October 1, where he will be responsible for Deutsche Asset Management. Embed from Getty Images This decision was reached by the bank’s Supervisory Board at its meeting today. Moreau is joining from the French insurance company Axa , where he has worked for 25 years in a variety of roles, including as Chief Executive Officer of Axa Investment Managers.

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    6. Executive Pay: City Report Stops Short of Backing Binding Shareholder Votes

      Executive Pay: City Report Stops Short of Backing Binding Shareholder Votes

      A report by City grandees has set out a number of measures to help restore public confidence in executive pay , but stopped short of endorsing Theresa May’s proposal for binding shareholder votes on senior management salaries. The report, which acknowledges executive pay is difficult to justify, did not set out how much directors should receive, either in absolute terms or compared with their wider workforce...

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    7. Brexit Vote Shows Need for Reform of Executive Pay, Says Fund Manager

      Brexit Vote Shows Need for Reform of Executive Pay, Says Fund Manager

      The vote to leave the EU has exposed divisions in society that mean reform of executive pay at big companies is urgently required, according to one of the UK’s top fund managers. A senior executive at Hermes Investment Management, which manages £24bn of funds and advises 42 investors holding almost £170bn, said runaway executive pay had probably contributed to the alienation felt by many people in marginalised parts of Britain who voted for Brexit...

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