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...In a note ahead of AIG’s annual meeting next month, proxy firm Glass Lewis said the award pushed Zaffino’s annual pay “well above the median of Glass Lewis peers and self-disclosed peers, without sufficient...
...Lewis recounted how the Oakland Athletics baseball team used novel measures of player attributes to compete against better-funded rivals....
...These included 17 where pay proposals failed to receive a majority vote, more than doubling from seven in 2022 and the highest in at least five years....
...The bank provided financing upfront in return for an agreed number of Australian carbon credit units, to be delivered over five years....
...Five, six, seven years for an antitrust case to conclude in a high-tech market is ridiculous, and ridiculously slow....
...The SEC declined to comment before Wednesday’s vote by the five-member commission. Sources cautioned that the final rules could still be changed before they are unveiled....
...Goldman is awarding the grants based on the average performance of the lender’s share price during 30-day periods over the next five years....
...CLS reached out to Martin Lewis, a solicitor at Phillips Lewis Smith in London, to try to overturn the decision....
...Durban failed to win the support of the necessary majority of Twitter investors on Wednesday, following concerns from the two largest shareholder advisers, Institutional Shareholder Services and Glass Lewis...
...Just nine other companies in the S&P 500 have one or more directors who serve on more than five public company boards, according to an analysis of securities filings by ISS Corporate Solutions....
...But the Japanese group’s own margins could be at risk if more consolidation ensues, the FT’s Leo Lewis writes....
...Meanwhile, Tesco’s pay report was voted down after the grocer was accused of excluding online rival Ocado from peer benchmarking, and so inflating the bonus of departing chief executive Dave Lewis....
...The Internet of (Five) Things 1....
...Five years ago it started experimenting with systematic credit strategies, and now it is running a standalone quant credit fund....
...The former stayed at Parker’s seven-bedroom Holland Park townhouse when he resigned abruptly as prime minister following the Brexit vote five years ago this month....
...Japan’s private equity market had a record-setting year in 2017, according to research house Preqin, which calculated that the $24.5bn value of buyout deals in the country exceeded the previous five years...
...The 19 formally-launched activist campaigns in 2019 were almost five times the tally four years earlier....
...Leo Lewis in Tokyo writes today about a sushi plate devised by AI with a taste he describes as “a grim suicide pact with tuna and lightly grilled beef....
...Unizo has been in discussions with Blackstone, said five people familiar with the negotiations, over a bid about 25 per cent higher than the Fortress offer....
...Unizo has been in discussions with Blackstone, according to five people familiar with the negotiations, over a bid around 25 per cent higher than the Fortress offer....
...Now, the FT’s Kana Inagaki and Leo Lewis have published a deep-dive on the topic. Want to go deeper?...
...In recent years, ISS and Glass Lewis have rolled out ESG advice for investors....
...Get the background here from the FT’s Kana Inagaki and Leo Lewis. Can Sunrise handle the heat? It happens every year....
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