Tesla shareholders approve Musk’s huge pay day
June 14, 2024
Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.
The …
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AG Barr Shareholders Vote to Increase New CEO’s Pay
June 12, 2024
Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%, despite the company cutting almost 200 jobs in a strategy pivot earlier …
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Moderna faces shareholder backlash on remuneration
May 5, 2023
Moderna, the Cambridge-based biotech firm, has found itself in hot water for executive pay in the lead-up to its annual general meeting.
The controversy centres on the $393m netted by CEO …
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UK watchdog consults on sustainability governance frameworks
February 17, 2023
The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.
As part of its commitment to creating a policy approach …
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Musk defends $56 billion Tesla pay packet in court
November 18, 2022
Elon Musk has appeared in court to defend his $56 billion Tesla pay package against claims he dictated its terms to the company’s board.
Tesla shareholder Richard Tornetta …
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Executive pay rebounds despite investor concerns
August 19, 2022
Executive pay has rebounded across public and private sectors over the course of 2021, an Australian Public Service Commission report has confirmed, despite the issue being front of mind for investors …
CEO pay hikes facing greater shareholder resistance
June 16, 2022
Investors of major US companies reject large executive packages
Large CEO pay hikes are coming under increased scrutiny with investors at major US companies rejecting generous executive pay packages in …
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Santos shareholders vote against CEO incentive
May 6, 2022
Continued shareholder resistance against Santos could result in a call to oust the board.
One-quarter of shareholders in Australian energy company Santos have voted against the company’s executive pay plans, …
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UK companies warned over remuneration practices
November 26, 2021
UK companies have been put on notice over aligning executive remuneration with stakeholder experience as the Investment Association (IA) updates its guidelines. This comes as the High Pay Centre questions …
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