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News & Information
News and Information
December 26, 2012 Did Citi CEO Vikram Pandit quit because of a say-on-pay lawsuit?Source: Thomson Reuters
Here's an explanation for the abrupt resignation of former Citigroup CEO Vikram Pandit that I bet you haven't heard before: Pandit quit in October, along with Citi COO John Havens, because of a say-on-pay suit against Citi's...
December 24, 2012 Executive pay among corporate governance issues for 2013Source: Chicago Tribune
Wall Street isn't far from its record highs in 2007, but shareholder activists continue to keep management and boards of directors on their toes.
December 20, 2012 CCGG releases 2013 principles of executive compensationSource: Lexology.com
In recognition of the fact that executive compensation practices and regulatory reporting requirements have evolved with time, the Canadian Coalition for Good Governance (CCGG) yesterday released an updated version of its...
December 14, 2012 McDonald’s $8.25 Man and $8.75 Million CEO Shows Pay GapSource: Bloomberg
The pay gap separating fast-food workers from their chief executive officers is growing at each of those companies. The disparity has doubled at McDonald’s Corp. in the last 10 years, according to data compiled by Bloomberg. At...
December 13, 2012 Jamie Dimon At DealBook Conference: Wall Street Pay Caps Would Put 'Free Society' At RiskSource: Huff Post
Jamie Dimon, the CEO of the country's largest bank by assets, says that regulating Wall Street pay could put us on the road to communism. "We all want an equitable society. We need to have a conversation about what makes it...
December 12, 2012 10 Companies Where CEO Pay Is Seriously Out Of WhackSource: Huff Post
Are CEOs hundreds of times more valuable than their employees? Corporate boards seem to think so. In past decades, as CEO pay has skyrocketed, worker pay has all but stagnated. That's created an economy in which CEOs can earn an...
Source: Business Insider
The 2013 proxy season may seem a long way away, but we are already seeing signs of some activists and companies alike making preparations. Read more:...
December 3, 2012 The 12 biggest companies paying workers the leastSource: Detroit Free Press
The gap between rich and poor is well illustrated by the large multibillion-dollar corporations employing thousands of low-wage workers.
November 30, 2012 Lawyers gain from 'say-on-pay' suits targeting US firmsSource: Reuters
Since the Dodd-Frank law gave shareholders a say in executive pay in 2010, c ourts have routinely rebuffed efforts by shareholders to force companies to heed their voice
November 29, 2012 What Does CEO 'Pay for Performance' Really Mean Anyway?Source: Forbes
As the dust settles from year two of say-on-pay proxy voting and more companies coalesce around accepted pay practices, the top issue for both shareholders and companies is whether pay is aligned with performance. While there is...
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