More large shareholders – including large asset managers and pension funds – are voting against CEO pay packages, according to US non-profit As You Sow.
Read MoreThe disparity between executive salaries and those of the workforce has been an issue of increasing scrutiny for a while as the gap has continued to widen. Now, a nonprofit shareholder advocacy group has assembled a list of the CEOs it says are the most overpaid in America.
Read MoreAmid massive layoffs, the CEOs of Electronic Arts and Activision Blizzard have been named among the 100 most overpaid CEOs by a non-profit shareholder advocacy group.
Read MoreMost CEOs make a lot of money. No surprise there.
Read MoreA new report shows that the heads of Activision Blizzard and Electronic Arts are among the United States' most overpaid CEOs.
Read MoreThe non-profit advocacy group As You Sow has released its 2019 "Most Overpaid CEOs" report and it includes two notable companies from the games industry. Both Activision's Bobby Kotick and Electronic Arts' Andrew Wilson appeared on the top 100 list, which is intended to promote corporate responsibility.
Read MoreAs You Sow, an organization dedicated to promoting corporate accountability, has published its annual list of top 100 “Most Overpaid CEOs,” which includes Activision Blizzard’s Bobby Kotick and Electronic Arts’ Andrew Wilson.
Read MoreRising income inequality has put CEO pay into sharp focus in recent years, at the same time that new regulations have forced public companies to disclose the ratio of top executive pay to that of their median worker.
Read MoreMore than one third of the largest companies in the country overpay their chief executives, according to one of the authors of a report that annually ranks executive compensation and reviews say-on-pay votes cast by mutual fund companies.
Read MoreThanks to the 2010 Dodd-Frank financial reform bill, shareholders gained access to new information this year.
Read MoreWho is the most overpaid CEO? It's Ronald Clarke of Fleetcor Technologies, or so says a new study that analyzes performance and pay.
Read MoreMore pension funds and other large shareholders are voting against CEO pay packages considered excessive, but it will take more involvement to fix the problem, according to a report released Thursday by As You Sow, a non-profit shareholder advocacy organization in Oakland, Calif.
Read MoreBig asset managers stand accused of rubber-stamping exorbitant executive pay deals in the US, as the income gap between bosses and staff grows even wider.
Read MoreLarge asset managers oppose executive compensation plans at a higher rate than ever before, and European firms tend to reject CEO pay more often than their U.S. peers.
Read MoreAlmost everyone got on board the reform train after the 2008 financial crisis. However, big business, and in particular the biggest banks, slammed the brakes on reforms that threatened to separate senior executives from their money that critics said incentivized excessive risk taking before the crisis.
Read MoreMeal-kit provider Blue Apron Holdings Inc.‘s shares rocketed 38% on Tuesday, after the company said it is confident it can achieve a version of profitability this year.
Read MoreIdentifying the median worker is one of the most interesting bits of information the disclosure provides, according to Rosanna Landis Weaver of As You Sow, a shareholder advocacy group that emphasizes environmental and social corporate responsibility issues.
Read More“It’s a warped economic system,” says Rosanna Landis Weaver, program manager of the CEO Pay Program at shareholder advocacy group As You Sow.
To be fair, the job is fraught with peril. Many of these media chiefs are navigating a rapidly changing world order, one in which movie attendance is slipping in popularity and cable cords are being cut. If that’s not enough, there’s a massive wave of consolidation afoot among the traditional media giants, as a way to compete in the direct-to-consumer space with streaming powerhouse Netflix.
“Looking back, it will be interesting to see whether or not the companies that managed all the changes the best were the ones with the highest-paid executives,” says Landis Weaver.
Read MoreWhatever the reason for the sizable increase in security costs, some believe the company should be more transparent. "At a minimum, shareholders deserve disclosure about why" costs increase that noticeably, said Rosanna Landis Weaver, an executive compensation expert for the nonprofit As You Sow. "When there’s a marked increase like that, there should be an explanation in the footnotes."
Read More“One of the things you can do is move your money to a social investment fund,” Landis-Weaver said. “You could talk to your adviser and say, ‘I’m looking to move my money to a fund that votes against these pay packages more often.'”
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