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    1. Corporate Boards Will Get More Diverse In 2021 With Social Justice Jolt, New Regs, Covid Impact

      Corporate Boards Will Get More Diverse In 2021 With Social Justice Jolt, New Regs, Covid Impact

      A bold proposal by the Nasdaq stock exchange early this month may give U.S. corporate boards the biggest nudge yet to seat diverse directors increasingly seen as key to both good business and social justice as investors across industries focus more on melding the two...

       

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    2. Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Institutional Shareholder Services, an influential de facto corporate watchdog, is advising stockholders to vote no on executive compensation for NetflixComcastand Google parent Alphabet at annual meetings this week and next, while slamming the pay criteria at Facebook...

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    3. Fox Corporation Imposes Temporary Executive Pay Cuts Amid Coronavirus Pandemic

      Fox Corporation Imposes Temporary Executive Pay Cuts Amid Coronavirus Pandemic

      Fox Corp. is the latest major media company to implement cost-cutting measures to mitigate the impact from the COVID-19 pandemic by temporarily cutting pay cuts for executives at the VP and above. Executive chairman-CEO Lachlan Murdoch just announced the move in an internal memo. Read it below...

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    4. Netflix Shareholders Raise Governance Issues At Annual Meeting

      Netflix Shareholders Raise Governance Issues At Annual Meeting

      Investors supported a number of stockholder proposals that would give investors a role in the nomination of directors and the ability to make changes with a simple majority vote. “The voice of shareholders is being ignored and has been ignored for many years,” said James McRitchie, publisher of a popular corporate governance portal CorpGov.Net. “Once again, let’s send a message to the board...

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    5. Barnes & Noble Shares Jump As Activist Shareholder Calls For Sale

      Barnes & Noble Shares Jump As Activist Shareholder Calls For Sale

      B&N shares lost nearly 40% of their value over the last 12 months as the retail chain struggled to compete with Amazon. It currently has a market value of about $565 million. In a letter to the B&N board, Sandell Assett Management CEO Thomas Sandell calls the steep decline “shocking” since “physical books, and physical bookstores, are not going away anytime soon”— and the chain’s expected future sales justify a higher stock price...

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    6. Viacom CEO Philippe Dauman Made $54.2M In 2015, Up 22.2%

      Viacom CEO Philippe Dauman Made $54.2M In 2015, Up 22.2%

      Viacom disclosed some of the executive compensation numbers this week. But the just-filed proxy at the SEC shows that CEO Philippe Dauman did better than you might have thought — especially with the $17 million he received for his contract renewal. That brought his total to $54.2 million, the most he has seen since 2010, when he pulled down $84.5 million. The package includes $4 million in ...

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      Mentions: stock options SEC CEO
    7. Sumner Redstone Offered Daughter $1B To Give Up On Viacom And CBS: Report

      Sumner Redstone Offered Daughter $1B To Give Up On Viacom And CBS: Report

      Sumner Redstone ’s twilight years have become a soap opera, and here’s the latest plot twist: Last year he offered his daughter, Shari, $1 billion in cash and stock to give up her 20% stake in National Amusements — the theater chain that controls 80% of Viacom and CBS . She rejected the November 2014 offer, according to The Wall Street Journal which disclosed the development. It came with ...

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      Mentions: CEO
    8. Geraldine Laybourne Joins 9 Story Media Group Board Of Directors

      Geraldine Laybourne Joins 9 Story Media Group Board Of Directors

      Veteran TV exec Geraldine Laybourne has been named a member of the board of directors of Canadian animation studio and distribution company 9 Story Media Group . A cable pioneer in the 80s and 90s, Laybourne led the team that created Nickelodeon and Nick at Nite, exiting in 1996 to serve as president of Disney/ABC Cable Networks. She later founded Oxygen Media, where she served as Chairman and ...

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    9. Martha Stewart Agrees To Sell Her Company For $353M

      Martha Stewart Agrees To Sell Her Company For $353M

      But other Martha Stewart Living Omnimedia shareholders seem unimpressed with the agreement to sell the troubled media and merchandising company to Sequential for $6.15 a share split between stock and cash. Martha Stewart Living’s stock price is down 13.3% to $6.05. It closed on Friday at $6.98 after word of the deal negotiations spread. Investors appear to believe that nobody will top Sequential’s offer in the 30-day “go shop” period Stewart has as part of the deal...

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      Mentions: SEC CEO Investors
    1-24 of 36 1 2 »
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