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...Letter in response to this article: CEO bonuses don’t help with succession planning / From Michael Doherty, Banbury, Oxfordshire, UK...
...“It was a poor pay plan construction,” said Michael Varner, director of executive compensation research at CtW Investment Group, which represents union-sponsored US pension funds with more than $250bn of...
...AGM General Electric boss Larry Culp is facing a shareholder revolt at today’s annual meeting after the company relaxed his performance targets following a pandemic-linked fall in GE shares....
...The most recent example of this was at Sunday’s Tony Awards, with host James Corden, nominee Gideon Glick and presenter Michael Shannon all wearing the Italian house’s designs....
...Usually the hippie sons of movie stars — like, Michael Douglas, maybe. The whole masculine thing was passé. It was over.”...
...GE came to exemplify the shareholder-based critique of US management by Michael Jensen, the Harvard professor....
...(FT) For GE, dropping KPMG won’t be easy Larry Culp has been busy since late last year tinkering at GE, recently agreeing to sell the industrial behemoth’s biotech business....
...“Davos can help focus and redevelop the clarity and single voice,” says Steve Culp, who leads the consulting firm Accenture’s finance and risk practice....
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