1. Articles from wsj.com

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    1. Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      A preliminary ruling from a federal judge against William Ackman, his hedge fund and Valeant Pharmaceuticals International Inc. in an insider-trading case could trigger a settlement between the activist investor and shareholders of Allergan PLC. In recent days, Mr. Ackman, his partners and the plaintiffs have been back in touch with the mediator in the matter, according to people familiar with the matter. There are several parties who would have to agree to any deal...

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    2. ADP Vote to Offer a Status Check on Standing of Activist Investor Ackman

      ADP Vote to Offer a Status Check on Standing of Activist Investor Ackman

      Automatic Data Processing Inc. has spent the past several years trying to modernize its business. On Tuesday, shareholders will decide whether those moves are enough or if they want to allow one of Wall Street’s most powerful and polarizing investors into the boardroom. Famed hedge fund manager William Ackman is seeking a seat for himself and two others on ADP’s 10-person board, saying it has fallen behind hot technology companies that have made its human-resources industry user-friendly...

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    3. Arconic Names Former GE Executive Chip Blankenship as CEO

      Arconic Names Former GE Executive Chip Blankenship as CEO

      Aerospace parts specialist Arconic Inc. named former General Electric Co. executive Chip Blankenship as its new chief executive, seeking to bring an end to a year of management turmoil that included a bitter fight with an activist investor and the sudden resignation of its former chief. Mr. Blankenship, the former head of GE’s appliance business, will become Arconic’s CEO on Jan. 15., the company said Monday. Interim CEO David Hess, who has run the company since April, will stay as a director...

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    4. Companies That Perform Best Don’t Pay CEOs the Most

      Companies That Perform Best Don’t Pay CEOs the Most

      Large U.S. companies have for years sought to tie executive pay to financial and stock-market results, but a new study suggests their efforts aren’t working over the long term. The study, from investment research firm MSCI Inc., compared 10 years of stock-market returns at 423 U.S. companies to the compensation their CEOs received over that period. It found highly paid CEOs among the worst performers and vice versa, even counting market gains on their equity compensation...

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    5. Activist Investor Marathon Slams Restaurant Deal

      Activist Investor Marathon Slams Restaurant Deal

      Activist investor Marathon Partners Equity Management LLC said the proposed transaction between restaurant operators J. Alexander’s Holdings Inc. and 99 Restaurants LLC is a rotten deal for shareholders. In a letter addressed to the board of J. Alexander’s seen by The Wall Street Journal, Marathon Partners, which holds a 6.3% stake in J. Alexander’s, said board members lacked the independence necessary to broker a fair deal for...

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    6. If the CEO is Overpaid, Blame the Compensation Committee

      If the CEO is Overpaid, Blame the Compensation Committee

      Every year, shareholders of U.S. companies weigh in on executive pay by casting advisory votes on the reports of compensation committees. The committees are appointed by corporate boards to make recommendations about appropriate pay levels. Shareholders tend to take their reports at face value, voting to approve them in over 97% of cases. But their confidence is undermined by a lack of awareness about the often flawed methods compensation committees use to determine pay...

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    7. Executive Pay Falls for Big Mall Owners as Retail Storm Rages On

      Executive Pay Falls for Big Mall Owners as Retail Storm Rages On

      Turbulence in the retail sector is hitting executives working for the top mall companies where it hurts: in their wallets. Senior management teams at the country’s largest mall owners, including Simon Property Group Inc., GGP Inc. and Macerich, are taking cuts to their compensation as they navigate an industry beset with struggling retailers and increasing competition from online shopping.

      The slide in compensation among...

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    8. How To Solve Problems of Misaligned Executive Pay - WSJ

      How To Solve Problems of Misaligned Executive Pay - WSJ

      Excessive, opaque pay packages for company bigwigs are a perennial problem for shareholders. A few U.K. companies are embracing a new approach: Scrap targets and make bosses long-term shareholders. U.S. boards should take note. In the name of payment for results, American companies increasingly favor rewarding executives with stock awards linked to complex performance hurdles. Called long-term incentive plans or LTIPs, these are....

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    9. Big Pension Funds Oppose Election of Six Mylan Directors

      Big Pension Funds Oppose Election of Six Mylan Directors

      A group of institutional investors unhappy over high executive pay at Mylan NV are taking aim at six board members at the EpiPen maker.

      Four major pension funds launched a campaign late Tuesday urging fellow Mylan shareholders to oppose the re-election of Chairman Robert J. Coury and five other directors at the company’s June 22 annual meeting. Mr. Coury, Mylan’s former chief executive, received nearly $100 million in 2016, when the..

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    1-24 of 170 1 2 3 4 5 6 7 »
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