1. Articles in category: BoardNews

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    1. Activist Investor Targets Videogame Maker After ‘Cyberpunk’ Fiasco

      Activist Investor Targets Videogame Maker After ‘Cyberpunk’ Fiasco

      The economics of a videogame publisher are a lot like a movie studio, where a blockbuster can make or break a company. Optimism was high for Warsaw-listed CD Projekt (ticker: CDR.Poland) ahead of the release of the Cyberpunk 2077 videogame, which features an actual Hollywood star, Keanu Reeves, and has been in development since 2012. But the release has been reminiscent more of Reeves flops such as Johnny Mnemonic than hits like The Matrix...

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      Mentions: Bloomberg Sony Europe
    2. Executive Pay Soared During the Pandemic, Widening the Gulf Between CEOs and Employees. These Were the 5 Execs Who Received the Largest Pay Packages in 2020.

      Executive Pay Soared During the Pandemic, Widening the Gulf Between CEOs and Employees. These Were the 5 Execs Who Received the Largest Pay Packages in 2020.

      For US executives, 2020 was a banner year. The New York Times partnered with executive compensation consulting firm Equilar to examine CEO pay during the pandemic, and how it compared to the average worker at the company. The data showed that not only is the gulf between employee and executive pay widening, but that executive compensation skyrocketed in 2020...

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    3. Toshiba Colluded with Japan Ministry to Undermine Shareholders, Probe Finds

      Toshiba Colluded with Japan Ministry to Undermine Shareholders, Probe Finds

      TOKYO (Reuters) -Japan's influential trade ministry effectively colluded with Toshiba Corp's management to influence shareholders votes on director nominees at last year's annual general meeting, an independent probe has found. Discrediting the government's efforts to improve corporate governance in Japan, the investigators' report lays out how the Ministry of Economy, Trade and Industry (METI) leaned on Harvard University's endowment fund and other foreign investors in Toshiba...

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    4. Starboard’s Smith Says ESG Activists Need to Deliver for Credibility

      Starboard’s Smith Says ESG Activists Need to Deliver for Credibility

      (Bloomberg) -- Activist investor Jeff Smith said Exxon Mobil Corp.’s revamped board will have to deliver the changes a tiny investor promised during its proxy fight in order for that campaign to be a watershed moment for environmental, social and governance investing. Newly formed Engine No. 1 won an upset victory over Exxon this month by winning three seats on the board of the oil and gas giant despite owning just 0.02% of its common stock...

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    5. Fortune 500 Boards Still Decades Away from Representation Parallel to the Presence of Women and Minorities in the US Population

      Fortune 500 Boards Still Decades Away from Representation Parallel to the Presence of Women and Minorities in the US Population

      PRNewswire/ -- The number of Fortune 500 companies with over 40% diversity on their boards is nearly four times higher than it was in 2010, according to the sixth edition of the " Missing Pieces Report: A Board Diversity Census of Women and Minorities on Fortune 500 Boards ," a multiyear study published by the Alliance for Board Diversity (ABD), in collaboration with Deloitte. As used in this document ...

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      Mentions: Leadership ISS MSCI
    6. Citizens Shareholders Approve Say-On-Pay

      Citizens Shareholders Approve Say-On-Pay

      PRNewswire/ -- Citizens, Inc. (NYSE: CIA ) announced that its shareholders approved the Company's say-on-pay proposal for the first time in three years. The Company has taken steps to enhance its executive compensation program, demonstrating its continued commitment to adopt market best practices and align company goals with shareholder expectations...

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    7. Air Canada Executives to Return Bonuses After Government Aid Outcry

      Air Canada Executives to Return Bonuses After Government Aid Outcry

      TORONTO (Reuters) - Top executives at Air Canada will return their bonuses and share awards, the carrier said on Sunday, in response to "public disappointment" over executive compensation at the airline, which received government aid in April. Air Canada said chief executive, executive vice presidents and its former chief executive, who retired in February, would return the bonuses and share appreciation units "in order to help address this unintended consequence...

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    1-24 of 11157 1 2 3 4 ... 463 464 465 »
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