"There’s an increasing awareness that these CEO pay votes really do matter. Very smart people at a variety of funds are really digging deeply into this issue and revamping their proxy voting guidelines," said Rosanna Landis Weaver, program manager of executive compensation at As You Sow. "After six years of our report, we see this trend has continued. Private conversations, known as engagements, are insufficient to deal with the systemic problems." Read More →
Read More“Study after study shows CEO pay moving upward,” the As You Sow survey said. “CEO pay is a core contributor to America’s extreme and growing income inequality.” Read More →
Read MoreIn its annual 100 Most Overpaid CEOs list — topped by Oracle, Align Technology and The Walt Disney Co. — As You Sow makes the case that oversight of CEO pay is lacking. Read More →
Read MoreThe big picture: CEO pay has increased so greatly that even the bottom 10% of companies with the worst one-year shareholder returns had CEOs with median pay packages of $12.6 million, As You Sow found. Read More →
Read MoreThe report, “The 100 most overpaid CEOs”, was published this week by As You Sow, a nonprofit organization devoted to amplifying the voice of shareholders on issues including environmental and social causes, and fiscal responsibility by publicly listed corporations. Read More →
Read MoreIn the report, “The 100 Most Overpaid CEOs,” the nonprofit As You Sow lists the most egregious examples. The CEO compensation and average employee compensation come from data that corporations now have to disclose to the SEC and are based on data from the most recent fiscal year. The “overpayment” calculation is based on a statistical regression model from the investment services company HIP Investor that looks at what CEOs should have made based on longer-term company performance. Read More →
Read MoreAs You Sow defined the 100 “most overpaid” CEOs of the S&P 500 by comparing their compensation with shareholder returns over the past five years, the level of shareholder support for the pay and the ratio between CEO and worker pay. Read More →
Read MoreBoeing will start 2020 under a new regime. Dennis Muilenburg is stepping down as CEO and chairman immediately and David Calhoun, who has served on the board for a decade and chaired the board for the past two months, will assume the role of president and CEO on Jan. 13. Calhoun will remain on the board, and Lawrence Kellner will replace him as non-executive chairman of the board. Read More →
Read MoreWhen the crisis at Boeing Co. escalated into calls for replacing Chief Executive Dennis Muilenburg, the jet maker’s board did the next closest thing: stripped him of his role as chairman.
Read MoreAdam Neumann’s eye-popping deal with SoftBank to exit WeWork is being described by corporate governance experts as a prime example of the issues with dual-class shares, where founders or early investors receive “high-voting shares” with voting rights disproportionate to their economic interest.
Read MoreBlackBerry Ltd. shares closed 23% lower Tuesday, after the cybersecurity company posted another loss for its second quarter, while revenue fell short of estimates, in a report that included the prominent use of nonstandard numbers.
Read MoreCoworking giant WeWork, now doing business as We, plans to become a publicly traded company.
Read MoreEvery year, As You Sow – the leading US non-profit shareholder advocate – identifies the 100 most overpaid CEOs of the S&P 500 and analyses whether or not pension funds and financial managers have held companies accountable for excessive compensation.
Read MoreUS index funds vote against management at investee companies less frequently than their actively managed counterparts when it comes to shareholder proposals on contentious issues such as executive pay, research has found.
Read MorePay for many executives at nonprofit healthcare organizations in the United States has continued to soar even amid growing concern about medical costs and access to care.
Read MoreFor the second year in a row, Oracle’s board has told investors that its trio of top execs — CEO Safra Catz, fellow CEO Mark Hurd, and CTO Larry Ellison — won’t be getting their all of their bonuses.
Read MoreVideo game and film holding company Activision Blizzard has been dominating their industry for years now.
Read MoreXcel Energy’s record on employee and public safety last year helped CEO Ben Fowke earn an annual cash-incentive bonus of $2.9 million.
Read MoreAbigail Disney isn't happy with the way her great uncle's media empire is run — but she never considered taking a role in the company to try and change it from within, she told the Financial Times.
Read MoreBlackBerry Ltd. reported fiscal first-quarter earnings on Wednesday that led with and were dominated by non-standard numbers, putting the company at risk of an enforcement action from the U.S. Securities and Exchange Commission.
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