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...“I would argue that Reddit’s board did not create a compensation package to incentivise its CEO to grow stock value significantly post-IPO,” he said....
...In one notable case, Snowflake’s Frank Slootman sold $69.2mn in early February, weeks before he announced he would step down as CEO....
...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 deciding Fraser’s pay, Citi said the compensation committee at its board of directors had also considered “competitive market levels of pay for CEOs of peer institutions”....
...Virtu’s CEO Doug Cifu made us a promise last year, when we wrote about how 2022 had seen a record amount of CEO swearing on conference calls....
...On Monday, Bumble founder and chief executive Whitney Wolfe Herd declared she was stepping down as CEO, replaced by Slack CEO Lidiane Jones....
...The bigger issue than paying a CEO billions, strange as this feels to write, is the board’s lack of independence....
A deal could combine CNN and CBS while letting the indebted media groups cut streaming costs
Pinterest’s CEO wants to show that it pays to be nice
...I’ve also observed that non-professional-investor CEOs tend to be quite poor at buyback timing....
CEO of exchange group says move into world’s biggest bond market is ‘no-brainer’ and its application will come this year
...However you slice it, it’s a big drop versus 2022 (though if it is the max, more than Weiner managed during his pre-CEO days — inflation is probably a factor there): What to say?...
...The shortfall between the latest forecasts and earlier revenue projections, “is challenging CEO John Donahoe’s credibility”, wrote Jim Duffy, managing director of consumer and retail at Stifel....
...“Musk was the paradigmatic ‘Superstar CEO’ . . . and dominated the process that led to board approval of his compensation plan,” McCormick wrote....
...Last week, the Uber’s CEO replied to my arguments in an admirably clear email, which we published. Now I’m closing the loop, replying to his reply....
...And a McKinsey CEO to start: Bob Sternfels has been re-elected as global managing partner of McKinsey after a tougher than expected contest that exposed divisions among the consultancy’s senior partners...
...Part of the problem may be the determination of long-term CEOs to keep an eye on the business. Iger remained Disney’s executive chair after stepping down as CEO and is reported to have kept his office....
...Buckley eventually served as CIO and then president before becoming the firm’s fourth CEO....
Co-CEO Ted Sarandos said the move is aimed at ending an ‘environment of mistrust’
...At the other extreme have been founder-CEOs such as Larry Ellison at Oracle, whose annual pay reached nearly $100mn a decade ago....
...Vodafone CEO Margherita Della Valle has promised to pursue deals in European markets that are not earning above their cost of capital....
Deal valuing group at $1.32bn comes as global sales of the drink drop but CEO says downturn is ‘temporary’
Biotech has been criticised for closing its $8bn acquisition of cancer test company Grail without regulatory approval
...Telling investors in 2012 that the stake’s value had dropped to $93mn was “the most mortifying moment in my career as CEO,” Ogunlesi said....
...The company said in a recent filing that the CEO’s performance target had been met after its equity value averaged at least $120bn on a fully diluted basis over 90 trading days to February 6....
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