1. Articles from reuters.com

  2. 97-120 of 219 « 1 2 3 4 5 6 7 8 9 10 »
    1. BREAKING NEWS: McKesson Shareholders Vote Against Exec Pay Structure

      BREAKING NEWS:  McKesson Shareholders Vote Against Exec Pay Structure

      (Reuters) - McKesson Corp shareholders voted against the company's executive pay policy, following a shareholder campaign that criticized the drug wholesaler for its role in the U.S. opioid drug epidemic. Three U.S. state treasurers and the International Brotherhood of Teamsters campaigned against McKesson's executive pay practices and urged it to appoint an independent chairman...

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    2. Activist Shareholder Exec Leaves Premier Foods' Remuneration Committee

      Activist Shareholder Exec Leaves Premier Foods' Remuneration Committee

      Britain's Premier Foods said on Tuesday a member of the board of directors representing activist investor Oasis Management had stepped down from the firm's remuneration committee. The maker of Mr Kipling cakes and Bisto gravy said the representative, Daniel Wosner, continues to serve as a director on its board...

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    3. Corvex Urges Clariant Shareholders to Reject Huntsman Merger

      Corvex Urges Clariant Shareholders to Reject Huntsman Merger

      Activist investor Corvex and roofing maker Standard Industries's investment arm have joined forces to take a 7.2 percent stake in Clariant, urging the Swiss chemical maker's shareholders to reject a proposed merger with Huntsman Corp.. "There are excellent opportunities to unlock value from the many high quality businesses that currently comprise Clariant," a spokesman for White Tale, the vehicle Corvex and Standard Industries created to take the Clariant stake, said on Tuesday. "Unfortunately, we do not believe...

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      Mentions: Investment Chairman
    4. MetLife Shareholders Approve 2016 Executive Pay

      MetLife Shareholders Approve 2016 Executive Pay

      MetLife Inc shareholders have approved the company's compensation for executives and sided with directors in rejecting a proposal that would make it easier for shareholders to call special meetings, the company said in a filing on Thursday. Shareholders voted at the annual shareholders meeting in New York on Tuesday to award MetLife Chairman, President and Chief Executive Officer Steven A. Kandarian total compensation of $15.3 million for 2016, including base salary, stock awards and other compensation. The figure was down slightly from $15.7 million in 2015...

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    5. BHP CEO Says he has not Met with Elliott Since Barcelona

      BHP CEO Says he has not Met with Elliott Since Barcelona

      TOKYO, June 5 BHP Billiton Chief Executive Andrew Mackenzie said on Monday he has not met with activist investor Elliott Management since their talks in Barcelona last month and declined to comment on whether another meeting was scheduled. Speaking at a media roundtable in Tokyo, Mackenzie said he was "always interested in new ideas" on boosting shareholder value...

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    6. Morgan Stanley Shareholders Approve Executive Compensation Plan

      Morgan Stanley Shareholders Approve Executive Compensation Plan

      Morgan Stanley's ( MS.N ) executive compensation plan received the support of over 90 percent of its shareholders at the bank's annual meeting in its Purchase, New York wealth management headquarters on Monday. Morgan Stanley avoided protests that dominated other Wall Street firm's annual meetings this ...

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    7. HIGHLIGHTS-Big investors take stakes in Facebook, exit Macy's in first quarter

      HIGHLIGHTS-Big investors take stakes in Facebook, exit Macy's in first quarter

      Market 00pm EDT HIGHLIGHTS-Big investors take stakes in Facebook, exit Macy's in first quarter May 15 The following are some of the hot stocks and sectors in which hedge fund managers either took new positions or exited existing positions in the first quarter. The moves by Suvretta Capital Management and activist investor Jeff Smith’s Starboard Value were revealed in quarterly disclosures of manager stock holdings, known as 13F filings, with the U.S. Securities and Exchange Commission.

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    8. Elliott to Court BHP's Australian Shareholders on Overhaul

      Elliott to Court BHP's Australian Shareholders on Overhaul

      Elliott Management will meet with BHP Billiton's ( BHP.AX ) ( BLT.L ) Australian shareholders this week as the activist investor pushes for strategic changes at the world's biggest miner, two sources familiar with the matter said on Monday. The sources, who could not be named because they were not authorized to speak publicly about the issue, told Reuters that Elliott was seeking feedback from other investors about its proposed overhaul of BHP...

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    9. Goldman Sachs Shareholders Approve Executive Pay Plan

      Goldman Sachs Shareholders Approve Executive Pay Plan

      Goldman Sachs Group Inc's ( GS.N ) compensation plan received the approval of 93 percent of shareholders at the bank's annual meeting on Friday after the pay structure for Chief Executive Officer Lloyd Blankfein was simplified. The vote was a turnaround from last year, when Goldman's "say on pay" resolution received only 66 percent support. Among Russell 3000 companies, approval for executive pay averaged 91 percent in 2016, according to consulting firm Semler Brossy...

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    10. Buffalo Wild Wings rejects Marcato's call to replace CEO

      Buffalo Wild Wings rejects Marcato's call to replace CEO

      Funds News | Thu Apr 20, 2017 | 10:50am EDT Buffalo Wild Wings rejects Marcato's call to replace CEO April 20 Buffalo Wild Wings Inc said on Thursday that it had turned down activist shareholder Marcato Capital Management's offer to withdraw its board nominees if the restaurant chain replaced Chief Executive Sally Smith. Hedge fund Marcato, which said it owned a 6.1 percent stake in Buffalo Wild Wings, launched a proxy fight in February, nominating four directors for the nine-member board.

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    11. Arconic CEO's Foolishness Saves its Board, For Now

      Arconic CEO's Foolishness Saves its Board, For Now

      NEW YORK (Reuters Breakingviews) - Arconic's board can at least thank Klaus Kleinfeld for a brief reprieve. The chairman and chief executive of the Alcoa spinoff which makes specialty parts for cars and airplanes was shown the door for inappropriately contacting an activist shareholder. That saves Arconic's directors from having to fire him. But they will still have to answer for why they didn't do that long ago...

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      Mentions: CEO Chairman
    12. Boardroom Excess? British Companies Stick with Bonus Plans Despite Criticism

      Boardroom Excess? British Companies Stick with Bonus Plans Despite Criticism

      Company News 16am EDT Boardroom excess? British companies stick with bonus plans despite criticism * Pressure grows to ditch long-term incentive plans * Most firms have renewed plans for three years * Some investors cautious on blanket ban By Simon Jessop LONDON, April 13 Pressure on British companies to ditch a common performance-related bonus scheme blamed for generating excessive executive pay has not stopped many firms from planning to stick with such schemes for another three years, a Reuters analysis shows. In theory so-called long-term incentive plans (LTIPs) aim to legitimately encourage management success in boosting shareholder returns. Yet a series of corporate ...

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    13. Bombardier Family Mulls New Blood on Board

      Bombardier Family Mulls New Blood on Board

      Bombardier Inc's controlling family has discussed governance and board succession in the wake of an executive pay uproar, with some family members wanting new blood for its representatives on the board, the grandson of the company founder told Reuters in an interview. The plane and train maker set off protests, most recently near Bombardier's Montreal headquarters on Sunday ...

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      Mentions: Succession
    14. Furniture Retailer Rent-A-Center Adopts Poison Pill

      Furniture Retailer Rent-A-Center Adopts Poison Pill

      Furniture retailer Rent-A-Center adopts poison pill Rent-A-Center Inc ( RCII.O ) said on Tuesday it adopted a stockholder rights plan, or a so-called "poison pill", a month after activist investor Engaged Capital LLC stepped up efforts to push the furniture retailer to sell itself. Engaged Capital, which owns a 12.9 percent stake in Rent-A-Center, last month nominated five candidates for election to the retailer's board of directors...

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    15. Buffalo Wild Wings Adds Activist Investor Marcato's Nominee to Slate

      Buffalo Wild Wings Adds Activist Investor Marcato's Nominee to Slate

      Buffalo Wild Wings Inc on Monday nominated Sam Rovit, who is part of activist shareholder Marcato Capital Management LP's four-member slate, to stand for election to its board. Marcato, which is led by activist hedge fund manager Mick McGuire, officially launched a proxy fight against the company in February. Rovit is chief executive officer of CTI Foods...

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    16. Activist Investor Sarissa Targets Three Innoviva Board Seats

      Activist Investor Sarissa Targets Three Innoviva Board Seats

      Activist investor Sarissa Capital Management LP said on Monday it intends to nominate only three candidates for election to the board of drug company Innoviva Inc ( INVA.O ). Innoviva said last week that Sarissa Capital had nominated four directors to replace a majority of the drug company's board. Sarissa Capital is a hedge fund run by Alex Denner, billionaire investor Carl Icahn's former healthcare lieutenant. The fund has a stake of 2.72 percent in Innoviva, according to Reuters data...

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    97-120 of 219 « 1 2 3 4 5 6 7 8 9 10 »
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