Investors who want to make sure executives deserve the big pay they got in last year’s bull market are set to descend on annual meetings in coming weeks to vote on compensation and elect directors. They’re also set to agitate for strategic moves and ensure companies have a handle on climate change, diversity and cybersecurity...
Average CEO pay at the biggest U.S. companies was up 5 percent in 2017. But increases in executive compensation don't always reflect company performance...
Meet the Woman Who Convinced Apple, Starbucks, and Nike to Close Their Gender Pay Gaps An Equal Pay Day icon. Arjuna Capital managing partner Natasha Lamb has convinced 21 companies to commit to analyzing and closing their gender pay gaps. These include major players in tech (Apple, , Microsoft), finance (J.P. Morgan Chase, , Mastercard), and retail (Amazon, , Starbucks).
I am going to take a deep dive into UMS United Medical Systems International AG’s ( DB:UMS ) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure of a company has been found to affect share performance over time. Since the same amount of capital coming from an activist institution and a passive mutual fund has different implications on corporate governance, it is a useful exercise to deconstruct UMS’s shareholder registry...
More CEO compensation at public companies is staggering and always in the spotlight, and BlackRock ( BLK ) CEO Laurence Fink says CEOs at private companies deserve the same, if not, more attention. Most conversations about executive pay are about public companies, said Fink at the China Development Forum in Beijing this past weekend, which he found harmful...
Tim Manson is the CEO of Property Connect Holdings Limited ( ASX:PCH ), which has recently grown to a market capitalization of AU$2.40M. Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor...
(Reuters) - Oil and gas producer SandRidge Energy Inc on Monday rejected smaller rival Midstates Petroleum Co Inc's all-stock bid, calling the offer "highly dilutive". However, the company said it had received interest regarding "alternative transactions" from other producers. SandRidge did not provide further details. "Midstates Petroleum continues to believe in the merits of the SandRidge Energy transaction proposed on Feb. 6, 2018...
Longtime Dow Chemical Co. leader Andrew Liveris plans to step down next month, ending a nearly 14-year tenure that culminated with the chemical giant’s combination last year with rival DuPont Co...
Howard Hughes Corp., the master-planned community developer chaired by hedge-fund manager William Ackman, reported strong earnings this week thanks partly to rising prices for developed land in the Houston and Las Vegas regions...
LONDON (Reuters) - U.S. cable giant Comcast (CMCSA.O) offered to buy Sky (SKYB.L) for $31 billion in an unsolicited approach, taking on Rupert Murdoch's Fox and Bob Iger's Walt Disney in the battle for Europe's biggest pay-TV group...
Marc Benioff's right-hand man could make another $200,000 after Salesforce finally lets its top execs get raises again (CRM) Julie Bort More Salesforce A year after Salesforce cut CEO Marc Benioff's total pay and froze other top executives' pay to appease shareholder complaints, the company has decided to loosen its purse strings. While Benioff isn't getting a salary bump, several of his top officers are getting raises which impact their salaries and their bonuses...
The recent proxy fight at Procter & Gamble Co (NYSE: PG ) is a great example of the stagnation setting in at multinational consumer products companies. PG stock has slumped since the Oct. 10 vote. And with good reason, this unfortunate spat speaks to the difficult conditions ahead for P&G, specifically, and its ilk...
Tidjane Thiam, Chief Executive Officer of Swiss bank Credit Suisse attends the session "The Global Economic Outlook" during the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 23, 2016...
Hawthorn Bancshares, Inc, parent company of Hawthorn Bank, announced Kathleen Bruegenhemke has been elected to serve on its Board of Directors. Ms. Bruegenhemke currently serves as Hawthorn Bancshares’ Senior Vice President/Corporate Secretary and Hawthorn Bank’s Chief Operating & Risk Officer...
MTGE Investment Corp. announced today that its Board of Directors has elected Steven W. Abrahams to the Board effective immediately. MTGE's Board of Directors now consists of five members, including four independent directors...
CNO Financial Group, Inc. announced today that its board of directors has nominated Stephen N. David to stand for election to the board at the company's annual meeting of shareholders on May 10, 2017. He would fill the vacancy resulting from the retirement of director Michael Tokarz, effective at the annual meeting...
Illumina, Inc. ( ILMN ) announced today that Caroline Dorsa has joined the company’s Board of Directors. Given her financial expertise, Ms. Dorsa will also participate on the Audit Committee of the Board.
Tweet Share HONOLULU, Dec. 28, 2016 /PRNewswire/ -- Hawaiian Holdings, Inc., the parent company of Hawaiian Airlines, Inc., today announced the return of Donald J. Carty to both companies' boards of directors effective Friday, December 23, 2016. Carty, a seasoned airline executive, has served on the Hawaiian Holdings board twice before, from July 2004 to February 2007 and again from April 2008 to May 2011. Hawaiian Airlines logo...
Ms. Veenman brings over 20 years of mining industry experience with Barrick Gold Corporation (“Barrick”), where she most recently served on the Senior Leadership Team as Senior Vice President and General Counsel. While at Barrick, Ms. Veenman held broad legal responsibilities for acquisitions and divestitures ...
Tweet Share LOS ANGELES, Dec. 2, 2016 /PRNewswire/ -- CytRx Corporation ( CYTR ), a biopharmaceutical research and development company specializing in oncology, today announced the appointment of Earl Warren Brien, M.D., a noted sarcoma surgeon, industry consultant, and private healthcare investor, to its Board of Directors. "Dr. Brien is a healthcare leader with clinical and strategic experience at the highest level," said Steven A. Kriegsman, CytRx's Chairman and CEO...
When Julie Sweet became the CEO of Accenture's North American business in 2015, she made her mark on the $16 billion operation. Some of the changes Sweet ushered in were big, such as leading important acquisitions for the global professional services business. Other changes were smaller, but haven proven extremely effective ...
For over ten years, Mr. Hare has served as Senior Vice President and Chief Financial Officer of Carmike Cinemas, Inc. (CKEC), one of the nation's largest motion picture exhibitors with 273 theatres in 41 states. Mr. Hare has over 25 years of financial management experience and joined Carmike as its Chief Financial Officer in March....
Activist hedge funds settled for, or won, board seats in 46 percent of the more than 300 contests monitored from 2011 to 2015, according to advisory firm FTI Consulting. “When activists attain board seats, we found that CEOs leave their posts at twice the normal rate,” Steve Balet, head of corporate governance and activist engagement ...
AxoGen, Inc. (AXGN), a global leader in innovative surgical solutions for peripheral nerve injuries, today announced the election of Amy Wendell to its Board of Directors effective September 16, 2016. Ms. Wendell was also appointed to the Company’s Compensation and Governance Committees.....