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News & Information
News and Information
November 6, 2013 A Vote Goes Against Outsize Executive Pay, But It’s Hardly a BlowSource: NY Times
If you’re against high executive pay, don’t cheer because Oracle’s shareholders overwhelmingly rejected Lawrence J. Ellison’s $78.4 million pay package. The shareholder vote was instead an illustration of how hollow these ballots...
November 1, 2013 Oracle Shareholders Oppose Compensation for EllisonSource: NY Times
A majority of Oracle shareholders demonstrated their opposition to the compensation of the software giant’s chief executive, Lawrence J. Ellison, on Thursday, voting against a nonbinding resolution on the company’s pay practices.
October 31, 2013 Wall Street Firms Poised to Disappoint Bankers on BonusesSource: Bloombergb
Goldman Sachs Group Inc. (GS), which set Wall Street pay records when stocks surged and cheap credit abounded in 2007, is again leading the industry as markets boom anew: putting aside less money for staff and more for investors.
For the first time ever, the 10 highest-paid chief executives in the US received more than $100m in compensation last year, and two took home billion-dollar paychecks, according to a leading annual survey of executive pay.
October 22, 2013 4 Reasons the SEC's New Ratio Test Will Not Decrease CEO PaySource: Huff Post
On September 18, the SEC announced the proposal of a rule intended to increase disclosure of executive compensation as part of its ongoing effort to curb the growth of CEO pay. The new rule, promulgated under Section 953(b) of...
October 21, 2013 CEO-to-worker pay gap is obscene; want to know how obscene?Source: LA Times
Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives. That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio...
October 18, 2013 Congress' wrong-way approach to CEO paySource: LA Times
How can we bring down CEO pay? That was one of the questions Congress grappled with when it passed the Dodd-Frank Act in 2010. The public was outraged at the lavish pay of chief executive officers in a period of recession, and...
October 11, 2013 Majority of U.S. Public Companies Concerned About Complying With Proposed CEO Pay Ratio Rule, TowersSource: Daily Finance
U.S. public companies are more concerned about the cost and effort likely to be involved in complying with the Securities and Exchange Commission's (SEC's) proposed CEO pay ratio disclosure rule than they are about how...
October 10, 2013 Oracle Shareholders Urged to Vote Down CEO Pay PackageSource: Bloomberg
Oracle Corp. (ORCL) shareholders should vote against pay packages for executives and withhold support for directors on the board’s compensation committee, CtW Investment Group said. Chief Executive Officer Larry Ellison and other...
Source: NY Times
A group that advises several union pension funds plans to ratchet up the fight against Oracle Corporation‘s pay practices, especially for its founder, Lawrence J. Ellison.
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