1. Rich IPO Paydays for Airbnb, DoorDash CEOs Lead Influential Advisory Firms to Target Execs at Their First Shareholder Meetings

    MarketWatch BoardNews
    Rich IPO Paydays for Airbnb, DoorDash CEOs Lead Influential Advisory Firms to Target Execs at Their First Shareholder Meetings

    Proxy advisory firms ISS and Glass Lewis are recommending shareholders vote against Airbnb CEO Brian Chesky, left, and DoorDash CEO Tony Xu for re-election to their companies' boards...

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    1. The quantum of this award warrants scrutiny, and shareholders should note that the company's stock price has exceeded expectations.
    2. In view of growing competitive and regulatory risks to its business model, it is imperative that DoorDash shareholders use what voice they have to send a clear message to the company.
    3. It's certainly not possible for us to win a vote at DoorDash that would undo the structure.

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