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News & Information

News and Information

July 6, 2017 Shareholders Show Strong Preference for Annual Say on Pay Votes

Source: Lexology

hen say-on-pay (i.e., shareholders with the right to vote on the remuneration of executives) was introduced under the Dodd-Frank Wall Street Reform and Consumer Protection Act, there was a requirement that companies conduct...

June 26, 2017 Six contenders to be Uber's new CEO

Source: The Hill

he search is on for a new CEO at Uber. After Uber and its CEO Travis Kalanick’s reputations were damaged by revelations of misconduct and other missteps in the past several months, Kalanick finally stepped down earlier this week.

June 23, 2017 Mylan shareholders vote against executive pay, re-elect board

Source: Reuters

Mylan NV shareholders voted against the generic drugmaker's executive pay policy but re-elected the board at its annual meeting on Thursday despite a shareholder campaign in the wake of a scandal over high prices for its EpiPen...

June 15, 2017 How Companies Actually Decide What to Pay CEOs

Source: The Atlantic

In 2014, 500 of the highest-paid senior executives at U.S. companies made nearly 1,000 times as much money as the average American worker, after taking into account salary, bonuses, and stock-based compensation. That discrepancy...

June 14, 2017 EpiPen maker Mylan under fire for CEO’s $98 million pay package

Source: NY Daily News

EpiPen maker Mylan is under fire for paying its former CEO, Robert Coury, $98 million in 2016, a year when controversy over EpiPen price hikes caused the company’s market value to tumble.

June 12, 2017 Jeffrey Immelt Set to Retire as General Electric Chief

Source: NY Times

General Electric said on Monday that its chairman and chief executive, Jeffrey R. Immelt would retire at the end of the year in a leadership shift for the industrial giant, and be replaced by the top executive in its health care...

June 8, 2017 It’s Time for Trump to Do Something About High CEO Pay

Source: Fortune

http://fortune.com/2017/06/07/donald-trump-high-ceo-pay/

May 24, 2017 CEO Pay Is Rising Twice as Fast as Workers' Income

Source: Time Money

The Associated Press reports that American CEOs got an 8.5-percent raise last year, taking in a median of $11.5 million in salary, stock, and other compensation. It's the biggest CEO pay increase in three years.

May 23, 2017 Big Media CEO Compensation Rose 21% In 2016: Is It More Out Of Whack Than Ever?

Source: Deadline.com

2016 was a so-so year for Big Media companies. But you wouldn’t know that if you look at how much boards paid the chiefs of CBS, Comcast, Discovery Communications, Disney, Fox, Time Warner, and Viacom.

May 22, 2017 Exxon Mobil's executive pay plan gets thumbs down from top proxy adviser

Source: CNBC

Exxon Mobil shareholders should not support the continuation of the oil major's executive payment program, influential proxy advisory ISS has determined.

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