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News & Information
News and Information
February 5, 2014 Microsoft names Nadella CEO, Gates out as chairSource: CNN
Microsoft has named Satya Nadella as its new CEO and announced that founder Bill Gates will step down as chairman of the company's board. Nadella is a 22-year veteran of Microsoft (MSFT, Fortune 500) who has been overseeing...
February 4, 2014 How to fix runaway pay on Wall Street'
Yahoo! Finance - Make no mistake. Itâs that implicit government guarantee and the deep balance sheet of loans and deposits at the traditional bank that allows brokerage arms at J.P. Morgan, Bank of America Corp ......
February 4, 2014 Intel ties pay for more executives to company performanceSource: BizJournal
Intel Corp. will tie compensation for 350 executives to company performance by requiring them to own a certain number of shares and linking more of their incomes to bonuses.
January 31, 2014 Explosive New Report: CEO Pay Skyrocketed 27% Last Year, Top 10 Earners Pocket More Than $770 Million Between Then
AlterNet - And there will be more to come. GMI, formerly known as îthe Corporate Libraryî, is expecting a rash of massive stock option bonuses as many firms awarded their top executives big option deals when the stock...
January 30, 2014 Roche to lead way on corporate governance crackdownSource: FT.com
Roche will become one of the first big Swiss companies to implement tough new corporate governance rules designed to remove the mismatch between executive pay and corporate performance.
January 29, 2014 Compensation Resources, Inc. Releases Its 2013 Executive Compensation Survey of Privately-Held CompaniesSource: PR Web
Compensation Resources, Inc. (CRI) has released the results of its 2013 Executive Compensation Survey of Privately-Held Companies. The purpose of this study was to obtain compensation data of twelve key executive positions from...
January 28, 2014 American CEO Doug Parker to make $700,000 in annual salarySource: Sky Talk
American Airlines chief executive Doug Parker told employees he will earn $700,000 in salary this year although he could receive more in bonuses and stock if the carrier performs financially.
January 27, 2014 JP Morgan boss Jamie Dimon pay rises to $20m in 2013Source: BBC News
The chairman and chief executive of JP Morgan, Jamie Dimon, will be paid $20m (£12.1m) for the past year's work. Mr Dimon's pay was cut to $11.5m in 2012 following huge trading losses. This was half the $23m he received in 2011....
January 22, 2014 IBM top executives to forgo bonuses as profits fallSource: BBC News
The chief executive and senior management of IBM, the world's biggest computer-services provider, have said they will forgo their bonuses for 2013. The move comes as the firm reported a 5% drop in sales and 1% decline in net...
January 21, 2014 Ousted Yahoo exec's golden parachute may be a recordSource: CNN Money
Henrique de Castro is leaving Yahoo with an severance package estimated to be more than $60 million, one of the largest golden parachutes ever given to an executive who was fired.
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