But an investor advocacy group says some of the nation’s most well-known companies overpaid their chief executives. A new report from As You Sow listed 100 “overpaid” CEOs who received high compensation in 2022 despite mixed shareholder returns for their companies. Read More →
Read More“Investors are rightly getting frustrated with the excessive pay given to executives,” says Rosanna Weaver, who analyzes executive compensation shareholder proposals for As You Sow, a non-profit shareholder advocacy organization. “We’re seeing a shift in that some shareholders are flat out saying this pay is too much.” Read More →
Read More“It’s in people’s self-interest to try to contain this,” Rosanna Landis Weaver, wage justice and executive pay program senior manager at As You Sow, a nonprofit shareholder-advocacy group, told Fortune in May. “The political instability created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →
Read More“It’s in people’s self-interest to try to contain this,” says Rosanna Landis Weaver, wage justice and executive pay program senior manager at As You Sow, a non-profit shareholder-advocacy group. “The political instability that is created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →
Read More“I am a capitalist. I’m for improving capitalism, not throwing it out,” says As You Sow’s Weaver. “It’s in people’s self-interest to try to contain this—because the political instability that is created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →
Read MoreIn recent years, both the World Economic Forum and Business Roundtable, pre-Covid, embraced stakeholder capitalism over shareholder capitalism to the exclusion of every other interest. Andrew Behar, CEO of As You Sow, which has taken on many companies over the years in proxy battles focused on ESG issues, says the tide it not turning back to Milton Friedman’s view of the world. Read More →
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