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...In one notable case, Snowflake’s Frank Slootman sold $69.2mn in early February, weeks before he announced he would step down as CEO....
...I didn’t spend my whole life trying to be a CEO of a bank,” he said. “So I’m not going to spend the rest of my life continuing to be CEO of a bank.”...
...CEO Jim Fitterling earned a $3.5mn annual bonus for 2022, down from $5mn in 2021....
...“The company has underperformed over CEO Calhoun’s tenure,” ISS said last year. Separately on Thursday, US Senator Tammy Duckworth heaped further criticism on Boeing....
...“At the least, we would expect a new Boeing CEO with some experience in aerospace [and] manufacturing,” he added....
...SXSW, the Austin-based festival/occasional tech conflagration, is struggling with blowback because of the US Army’s “super sponsorship” of the event: And now this CNBC interview with Palantir CEO Alex Karp...
...In response to pressure from investors to break itself up, the new CEO last year launched a strategic review and will update investors at its capital markets day next Tuesday when it will also report annual...
...But companies often fund executives’ private flights for personal reasons, and some companies require their CEOs to take private jets for all air travel as a safety precaution....
...Persis Love Patrick Temple-West writes about corporate governance for the FT. Thanks, Patrick. Patrick Temple-West Thank you....
Halted trial of prospective blockbuster treatment follows latest US legal blow over weedkiller Roundup
...For the bank and its new CEO, and ultimately the country, that can only be a good thing.` patrick.jenkins@ft.com Letter in response to this article: Why government must sell its NatWest stake / From Pete...
...The landmark ruling marked a big win for shareholders in a battle with the CEO over his cosy relationship with the board....
...Whenever David Solomon hangs up his banker’s suit and embraces DJing full-time, a co-CEO structure, done right, might indeed be worth considering again. patrick.jenkins@ft.com...
...“There is no way that the CEO of GM or Ford, say, is going to suddenly say that because there is a new president, let’s go back to making internal combustion engine cars,” he argued....
...CEO Larry Fink has been so vocal about the use of ESG factors when making investment decisions,” Warren said....
...Additional reporting by Patrick Temple-West in New York...
...Patrick Pouyanné, his replacement, remains in charge nine years on. Mooted internal candidates Murray Auchincloss (the interim CEO), Emma Delaney and Carole Howle, are all BP lifers....
...(Patrick Temple-West) Smart reads If the argument is that ESG is dumb investing, then are the anti-ESG funds the source of bountiful returns?...
CEO John Berger’s comments come as shares of renewable energy companies fall because of high interest rates
...Patrick UdenLondon NW1. UK...
...One is energy giant TotalEnergies, where Patrick Pouyanné’s dual role is being challenged by investors wanting a faster shift away from fossil fuels....
...GoTo, one of Indonesia’s biggest tech companies, has installed veteran banker and tech investor Patrick Walujo as chief executive as it fights to become profitable....
...“Such a violation of the law cannot be tolerated by a publicly listed company, especially when it involves the CEO.”...
...patrick.templewest@ft.com...
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