The bots are alright? Heard on the Street: Elon Musk’s new Twitter diligence is as questionable as the bots he want… https://t.co/9BUzva0amo— 7 hours 52 min ago via@theofrancis
Wow: Allianz SE subsidiary (U.S.) agrees to pay more than $6 billion in penalties, restitution. https://t.co/DmnEa0grnk— 1 day 4 hours ago via@theofrancis
Now with a link to the verdict itself: A state judge struck down a 2018 California law requiring companies in the s… https://t.co/9pS9jRx2bM— 1 day 22 hours ago via@theofrancis
CEO pay today: Half made more than $14.7 million in 2021. Nine got pay packages of $50+ million, sometimes much mor… https://t.co/uxljOPokiX— 3 days 6 hours ago via@theofrancis
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We recently told you about four companies ignoring their shareholders’ votes. One was Hecla Mining, a silver producer that held the polls open longer than planned when it looked like shareholders were going to reject management’s pay package.
The vote is only advisory, but Hecla’s stalling worked: Instead of failing 49.6% to 46.7%, the company’s say-on-pay vote passed with 53.7% of the vote.
McDonald’s and Costco would seem to have a lot in common, what with their relentless pursuit of cost-conscious consumers in the name of value.
But this month, the fast-food giant snubbed the US warehouse shopping club, dropping it from among two dozen or so competitors, consumer-product companies and retailers that McDonald’s uses to assess executive pay.
Air Products & Chemicals got some press recently when it was held up as an example of corporate America’s renewed dedication to paying CEOs only if they perform.