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News & Information
News and Information
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 CEOSource: 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.
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 CEOsSource: 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...
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 ChiefSource: 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...
May 24, 2017 CEO Pay Is Rising Twice as Fast as Workers' IncomeSource: 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.
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.
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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