It Pays To Be A CEO
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...
Jack Ucciferri | Posted 05.21.2012
By the nature of WellPoint's core business, it is connected to some of the most intimate moments in its clients' lives. WellPoint is in a risky business and by not being fully transparent about how they participate in politics, they amplify their risks even more.
Nell Minow | Posted 05.14.2012
There are moral hazards and agency costs in the allocation of corporate funds. Experience has shown that executives will support policies that diminish shareholder returns. The term "capitalism" refers, after all, to the providers of capital.
Lisa Gilbert | Posted 05.08.2012
Companies should get out of the political spending game and focus on doing what they were created to do: make a profit for their shareholders.
AP | Posted 05.08.2012
LONDON -- The chief executive of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay, the company said Tu...
The Huffington Post | Mark Gongloff | Posted 05.07.2012
The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New ...
Reuters | Posted 05.05.2012
* Shareholder proposal seeks end to campaign contributions * Company calls proposal imprudent * Comes amid time of risin...
Reuters | Posted 05.03.2012
By Katharina Bart ZURICH, May 3 (Reuters) - UBS became the latest bank to face the anger of its shareholders over exec...
Reuters | Posted 05.01.2012
* 99% Power groups says Wells Fargo excluded shareholders * Group wants to meet with CEO before May 9 meeting * Activist...
Ted Kaufman | Posted 04.30.2012
I doubt it. After years of not having to worry much about what their shareholders thought, the Citigroup vote was a wake up call for every corporate board of directors.
Carl Gibson | Posted 04.30.2012
In a true democracy, our officials are elected by and held accountable to us, the citizen, the highest office in the land. By focusing on the issues that unite instead of divide, and organizing with other citizens who meet on common ground, we can reject the status quo and its servants.
Judith Samuelson | Posted 04.23.2012
What would pay look like if pay packages emphasized investment in the real economy over short term profits that emanate from the non-productive activity that got us into trouble in the first place? Citi might be a great place to experiment.
AP | Posted 04.24.2012
NEW YORK (AP) — A recently proposed $20 million settlement of shareholder claims by Bank of America Corp. over its 2009 acquisition of Merrill Lynch...
Reuters | Posted 04.21.2012
* Lawsuit follows rejection of CEO Pandit's pay package * Directors accused of breach of fiduciary duties April 20 (Reut...
Reuters | Posted 04.20.2012
* Ex-chairman says pay plan not explained well * Plan by board lost in advisory poll of shareholders * Barney Frank prai...
The Huffington Post | Mark Gongloff | Posted 04.19.2012
Citigroup shareholders seem to have started a trend. After the resounding rejection of Citigroup's compensation plan earlier this week, shareholder...
Robert Reich | Posted 04.18.2012
The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay.
Robert Teitelman | Posted 04.16.2012
Are we better or worse off economically, socially and politically with shareholders in that pre-eminent a role? Is there a balance point? Have we, in a world of activist hedge funds and high-frequency trading, overshot that point?
Reuters | Posted 04.13.2012
* Economic advisory group fingers boards, execs, shareholders * Regulators warned against interfering in corporate strategy ...
HuffingtonPost.com | Jason Cherkis | Posted 04.10.2012
WASHINGTON -- Boot camp is about to begin. On Monday and extending throughout this week, a coalition of progressive organizations from across the c...
Ken Jacobson | Posted 04.05.2012
Historically, corporations were understood to be responsible to a complex web of constituencies, including employees, communities, society at large, suppliers, and shareholders. But in the era of deregulation, the interests of shareholders began to trump all the others.
AP | CHRISTINA REXRODE AND SARAH SKIDMORE | Posted 04.04.2012
NEW YORK -- Goldman Sachs made a move to court unhappy shareholders by shaking up its board. But Tuesday, a union group said it wasn't enough....
Ralph Gomory | Posted 05.26.2012
We are a nation of corporations, but our press and our conventional politics do not in any systematic way make visible the effect of corporate actions on the country. Let us as citizens make up for that significant omission.
Ciara Torres-Spelliscy | Posted 05.25.2012
Connecticut has a clear path forward with the blessing of the Supreme Court. They can adopt a requirement that shareholders get a say on politics. With any hope, Connecticut can be the mouse that roars, exhibiting national leadership in this post-Citizens United America.
Reuters | Posted 05.06.2012
By Deepa Seetharaman March 6 (Reuters) - Ford Motor Co Chief Executive Alan Mulally was awarded shares in the No. 2 U.S. automaker wh...
AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 05.25.2012