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News & Information
News and Information
SPRINGFIELD - MassMutual Financial Group boasts that being a mutually held company means it answers to policy holders who own participating life insurance with the company and not Wall Street or stockholders.
LONDON- Lloyds Banking Group boss Antonio Horta-Osorio will forfeit 350,000 pounds ($5 36,000) in bonuses after the bank was fined 117 million pounds for failings in the way it handled complaints about mis-sold loan insurance.
June 3, 2015 Shareholders push companies to change executive paySource: The Hill
Responding to pressure from investors, a third of companies say they have changed their executive pay compensation plans, according to a new survey from the National Association of Corporate Directors (NACD) released Tuesday.
Financial Times - It voted 94 per cent of the time in favour of awards to the 100 most âoverpaidâ US chief executives in an analysis by îAs You Sowî, a Californian shareholder advocacy group. Mr Leary...
Source: St. Louis Post Dispatch
By almost any measure, one of the least-successful movements of the past decade has been the effort to rein in executive pay. “Say on pay” laws haven’t worked. Tax reforms haven’t worked. Shame hasn’t worked.
Goldman Sachs Group Inc. shareholders approved the company’s pay plan for top leaders including Chief Executive Officer Lloyd C. Blankfein as the firm held its annual meeting in San Francisco for the first time.
Source: Columbus Business Journal
JPMorgan Chase & Co. shareholders approved executive pay proposals Wednesday in a narrow vote at the company’s annual meeting in Detroit.
Source: Washington Post
The pay package of JPMorgan Chase CEO Jamie Dimon came under scrutiny again on Tuesday, at the bank's annual shareholder meeting. Shareholders still decided to approve it, but the results were much narrower than usual.
Source: NY Times
It’s been five years since the Dodd-Frank law required that companies 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...
May 6, 2015 In a down year, hedge fund CEOs did just fineSource: CBS Money Watch
The top 25 hedge fund managers earned an eye-popping $11.6 billion in compensation in 2014. However, that was only about half as much as they earned the prior year and roughly in line with their pay at the height of the financial...
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