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The Latest Breaking News from Glass Lewis

Larry Fink has BlackRock pay package targeted by proxy advisor

Fink’s compensation jumped 33% from $26.9 million to $36.7 million after a banner year in 2024.

Fortune

UK banks expected to win shareholder approval for big pay rises for bosses

Proxy advisory firms back plans for hikes in maximum payouts 18 months after removal of banker bonus cap

The Guardian - UK

Rio Tinto pushes against 'destructive' listing change

Rio Tinto's board is at odds with a hedge fund shareholder over the value in the group's dual listings on Australian and London stock exchanges.

AAP

From analysis to the latest developments in health,
read the most diverse news in one place.

Complete List Of Everyone Against Elon Musk's $56B Pay Package And Why They're Voting 'No'

Tesla shareholders clash over Elon Musk's massive $56 billion pay plan. Retail investors hold the key vote on June 13.

International Business Times UK

Tesla Turns Up Charm Ahead Of Investor Vote On Huge Musk Pay Plan

Electric automaker Tesla has launched a charm offensive to try to coax shareholders to vote Thursday for billionaire CEO Elon Musk's giant pay package, after the windfall was nixed in court.

International Business Times

Tesla leads charge to defend Elon Musk’s $56bn pay package

After the deal was struck down in court in January, investors will be asked to endorse it again this week

The Guardian - US

Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn

But massive support could further embolden Musk’s worst tendencies.

Fortune

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Elon Musk sees another big advisory firm come out against his multibillion dollar pay package

A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge

The Independent UK

Tesla claps back at adviser criticizing Elon Musk’s stock options

Investors will vote on whether to approve the pay package at the company’s annual meeting in June.

Fortune

Elon Musk, Tesla Lash Out As Some Institutional Investors Reject CEO Pay Package

Voting is underway ahead of Tesla's June 13 annual shareholder meeting.

Investors Business Daily

Toyota Is Working Backwards To Stuff Engines Into EV Platforms

Today on Critical Materials: Automakers build new tech to stuff ICE into EV platforms, pressure on Musk's $56B pay, and Ford to relax dealer EV requirements.

InsideEVs

Dow Futures Fall, But Techs Rise As Apple, Nvidia Lead; GameStop Jumps

Futures were narrowly mixed. Nvidia and Deckers extended big recent gains while Apple rose on rebounding iPhone sales in China.

Investors Business Daily

Tesla Board Urged To Reject The 'Largest Possible Pay Package For A CEO In Corporate America'

Tesla shareholders to vote on a huge pay package for Elon Musk, with advisors urging rejection due to its cost and dilution for others.

International Business Times UK

Tesla Shareholders Should Vote No On Elon Musk's $56 Billion Pay Deal, Glass Lewis Says

Tesla shareholders should reject Elon Musk's "excessive" $56 billion pay deal, proxy advisory firm Glass Lewis recommended.

Investors Business Daily

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International Business Times

Crisis-ridden Boeing Hopes For Quiet Annual Meeting

Boeing's annual meeting on Friday comes amid an exceptionally difficult period for the crisis-ridden company, creating potential for drama at an event that is usually a snooze-fest.

The Guardian - UK

Universal Music’s £119m CEO pay offer may provoke shareholder revolt

Advisory firm urges shareholders to reject ‘excessive’ payout to Lucian Grainge, while Renault may also face backlash

International Business Times

Boeing Probed In US Over Possible Falsified Records On 787

US air safety authorities are investigating whether embattled aviation giant Boeing completed required inspections on its 787 aircraft and whether employees falsified records, officials said Monday.

The Guardian - UK

Ocado pay backlash looms as firm moves to offer boss £14.8m package

Investors urged to vote against online grocer’s remuneration for CEO Tim Steiner at upcoming AGM

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news in one place.

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The Guardian - UK

NatWest criticised over £1.2m pay for boss with ‘limited experience’

Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose

Top News

Disney's Strategic Direction Under CEO Bob Iger Receives Approval

Glass Lewis endorses Disney's strategic direction under CEO Bob Iger, praising operational progress and governance practices.

Fortune

There's less and less financial incentive to be CEO as other C-suite roles earn more and more money

While average CEO pay has skyrocketed over the past several years, the pay of other C-suite executives like CFOs, CHROs and general counsels has increased even more.

Ballotpedia

NYC’s ESG investment approach draws pushback

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Guardian - UK

Metro Bank risks shareholder revolt over pay increase for top bosses

Glass Lewis urges investors to vote against award, saying 20% hike unjustified given average 5% rise for staff

Ballotpedia

Congress rejects ESG in retirement plans

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