When Ginny Wilmerding joined the board of Hong Kong-listed consumer technology company Techtronic Industries in April, it was an ambition realised after years of waiting. The 52-year-old American, a partner of communications consultancy Finsbury Glover Hering, says she wanted to be appointed to a company board for a long time. "But I was not sure how I would break through," she adds...

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...

Investors failed another test of backbone last week, as a number of eye-popping pay packages overcame the threat of voter rebellions at annual general meetings. The board of AstraZeneca asked shareholders to support their decision to award the chief executive, Pascal Soriot, £18m in annual pay and perks...

Rio Tinto is bracing for a shareholder rebellion tomorrow after handing £7.2million to its boss who oversaw the destruction of a sacred site. A huge row is brewing over the decision to grant the windfall to former chief executive Jean-Sebastien Jacques – despite him being ousted after the company blew up two 46,000-year-old rock shelters...

Mango launches debut home collection inspired by the Mediterranean Disney Plus AstraZeneca is facing mounting opposition over its plans to award its chief executive, Pascal Soriot, a big increase in bonuses, with two investor advisory groups calling on shareholders to vote against the policy...

While shareholders own a company, it's the executive team and board who hold the day-to-day power. They decide what dividends to pay, what strategy to follow and how to shape the company's ethos. But for a brief window every year, shareholders are given the tools to gain control. Over the next few weeks, most UK-listed companies will be holding their annual general meetings and an annual vote...

In a small step toward addressing inequality across executive corporate boards, publicly-listed US companies quadrupled the appointment of Latino board executives in Q1, Bloomberg reports...

Domino's Pizza Group faces a shareholder revolt at its annual meeting on Thursday after two City advisers panned its executive pay. Both Glass Lewis and ISS have now red-flagged the chain's plans to give chief executive Dominic Paul and finance chief Neil Smith 'significant' pay rises. Paul, who was hired last May after running Costa Coffee, is paid a base salary of £750,000 – more than 40 per cent higher than that of retired boss David Wild...

The arrival of activist investor Elliott Management on the doorstep of Glaxosmithkline's glistening headquarters in Brentford has caught Emma Walmsley and her team on the hop. The pharmaceutical group is aware of investor disquiet about a lagging share price compared with peers on both sides of the Atlantic. The crossover in valuations between its main UK counterpart Astrazeneca and GSK, previously regarded as the UK's top rated big pharma group, has underlined perceived under-performance...

Black business leaders' efforts to stop voter suppression in the wake of Georgia's recently enacted voting bill illustrate the vanishing separation between protest and politics in America today. They also embody the work of Georgia's most famous civil rights activist, Dr. Martin Luther King Jr. Over 70 Black executives , led by former American Express CEO Ken Chenault, signed a letter released at the end of March that pressed corporate America to take a stand on voting rights, one of the central moral and political issues in the United States today. "The new law and those like it are ...

Endeavor, like so many companies reliant on live events, lost a ton of money in 2020. But that didn't prevent its top executives from big paydays. CEO Ari Emanuel made $14.4 million in 2020 and President Mark Shapiro made $18.1 million. Both can thank equity awards for their massive executive compensation hauls...

CtW Investment Group, which describes itself as an investment company that "holds directors accountable for irresponsible and unethical corporate behavior and excessive executive pay," is up in arms about a stock bonus due to Activision-Blizzard CEO Bobby Kotick. While CtW claims it is a $200 million bonus, a rep for Activision told TheWrap that no bonus has been paid yet and the amount of that bonus is currently undetermined. The CtW slam on...

One of the major headaches for board of directors has always been putting a succession plan for the successful running of the enterprise it serves. Ensuring leadership stability by replacing an existing CEO with a capable successor is always on top of the agenda every few years...

(Bloomberg) -- Jim Bell, the GameStop Corp. finance chief who is being pushed out after less than two years on the job, won’t be leaving empty-handed. The executive will get $15.8 million when he departs, which is set for next month, and he could earn millions more from equity in coming years if activist investor Ryan Cohen can pull off a turnaround of the video-game retailer...

Activist investor Jeffrey Smith, chief executive officer, chief investment officer and co-founder of Starboard Value LP, discusses Starboard Value Acquisition Corp.'s agreement to take Cyxtera Technologies public in a $3.4 billion SPAC deal. He speaks with Bloomberg's Ed Hammond on "Bloomberg Markets: The Close."...

Nissan's former CEO appeared in a Tokyo court on Wednesday in the trial of Greg Kelly, a former aide to Carlos Ghosn facing charges of financial misconduct. Kelly is the only person currently on trial in Japan in connection with the Ghosn saga after the auto tycoon jumped bail in late 2019 and escaped to Lebanon, where he remains an international fugitive...

All-male boards are now a thing of the past across the FTSE 350, The 30% Club revealed today. The group, which is headed up by female business leaders from around the world, has campaigned to see more women on boards of major companies since 2010. Ann Cairns, global chair of The 30% Club and executive vice-chair of Mastercard, said: “The eradication of all-male boards across Britain’s 350 biggest companies is cause for celebration, particularly at a time when Covid-19 threatens progress in women’s equality. “However, there is still lots more work to be done to make sure all-male ...

(Bloomberg) -- Veolia Environnement SA was ordered by a French court to suspend its hostile attempt to buy utility rival Suez SA, the latest escalation in a long-running takeover battle that is testing the bounds of the country’s corporate culture...

(Bloomberg) -- Japanese dealmaking was resurgent in the second half of 2020, with acquisitions dropping only slightly from 2019 to about $140 billion after the pandemic depressed deals in the first half of the year...

The coronavirus pandemic significantly disrupted people's lives last year. It forced many of us to restrict our movements, with many people working primarily from home...

(Bloomberg) -- Billionaire investor Carl Icahn will sell about $600 million-worth of his stake in Herbalife Nutrition Ltd., further winding down his holdings in the nutritional-supplements company after a tumultuous eight-year investment. © Bloomberg Carl Icahn. Herbalife has agreed to repurchase the shares from Icahn at $48.05 each, which was the...

Formula 1’s incoming President and CEO Stefano Domenicali starts his new role this month, bringing recent automotive boardroom experience to the sport at a vital time as it plans its long-term strategy...

Social media firm Pinterest has agreed to pay $22.5m (£16.9bn) to settle claims of gender discrimination brought by its former chief operating officer. The settlement with Francoise Brougher is the largest payout of its kind to be publicly announced...

(Bloomberg) -- AstraZeneca Plc, one of the drugmakers leading the fight against Covid-19, highlighted where its growth will come from after the pandemic with a $39 billion deal for rare-disease specialist Alexion Pharmaceuticals Inc. Load Error The proposed cash-and-stock acquisition will add treatments for uncommon blood and immunological disorders to the portfolio of Cambridge, U.K.-based AstraZeneca, which had spent years paring away older and less profitable ...