Tag: Corporate governance

The Justice Department is expected to allow Boeing to escape criminal prosecution for violating the terms of a 2021 settlement related to problems with the company’s 737 Max 8 model that led to two...

Tesla investors are facing a crucial decision this week as they vote on whether Elon Musk deserves a $45 billion payday. This vote is not just about executive pay but also about holding Silicon...

Volkswagen has recently cut ties with Rupert Stadler, the suspended CEO of Audi, who has been in jail since June due to his involvement in an emissions probe. Stadler has decided to leave the...

Tesla CEO Elon Musk's Pay Package Receives Strong Shareholder ApprovalElon Musk, the CEO of Tesla, recently received strong support from shareholders for his lucrative stock award. About 72 percent of voting shares were in...

Under the leadership of Elon Musk, Tesla has become a major player in the electric vehicle market and has achieved significant success, making it the most valuable auto company globally. Despite Mr. Musk's success...

Volkswagen's CEO, Rupert Stadler, has been removed from his position amidst an emissions scandal that has rocked the company. Stadler, who has been in jail since June due to his alleged involvement in the...

Elon Musk's $46 Billion Pay Package: Impact on His DescentElon Musk is not your typical Silicon Valley billionaire. While many of his peers have found success by being in the right place at the...

Elon Musk, the CEO of Tesla, has received approval from shareholders for a historic compensation deal worth up to $56 billion. This deal, which had been previously blocked by a judge in Delaware, was...

Elon Musk, the CEO of Tesla, has received overwhelming support from shareholders for a historic pay deal worth up to $56 billion. The shareholders also approved a plan to relocate the company's legal headquarters...

Cosa Resources Corp. recently held its Annual General Meeting and received significant support from its shareholders. The votes were overwhelmingly in favor of reappointing auditors, setting the number of directors, and ratifying the company's...

Director Lawrence Levitt sold 16,000 shares of RadNet Inc on June 10, 2024, at a price of $60.85 per share. This sale leaves Levitt with a total of 174,066 shares of the company. RadNet...

Editorial | McKinsey, the tip of the icebergIs Canada getting value for its money when it comes to awarding contracts to private firms? After the Auditor General of Canada's analysis on the consulting firm...

Elliott Moves to Shake Up Southwest Airlines Leadership A major shake-up may be on the horizon for Southwest Airlines as activist hedge fund Elliott Management has revealed a $1.9 billion stake in the company. Elliott...

Rite Aid CEO’s $20 Million Pay Spurs Lender BacklashIn a recent development, Rite Aid Corp.’s main lenders are up in arms over a proposed $20 million payout to Chief Executive Officer Jeffrey Stein. This...

Unlocking Congo's Mineral Wealth: ARSP's Sustainable Growth StrategyIn a world where the demand for electric batteries is on the rise, ARSP is making waves in the Democratic Republic of Congo. This company is strategically...

PwC Scandal Sparks Client Defections Amid Evergrande AccusationsIn recent news, auditing firm PricewaterhouseCoopers (PwC) is facing a wave of client defections in Hong Kong and mainland China following accusations tied to insolvent property developer...

CIBC Announces Dividends and Shareholder Investment Plan ChangesIn a recent announcement, CIBC (TSX: CM) (NYSE: CM) declared a dividend of $0.90 per share on common shares for the quarter ending July 31, 2024. The...

Challenges Faced by Chief Sustainability Officers in Implementing ESG AgendasIn a recent report by the Conference Board, it was revealed that Chief Sustainability Officers (CSOs) are facing challenges in implementing company sustainability agendas. Despite...

Investors Divided Over Chevron Deal as Hess Shareholders VoteIn a pivotal moment for both companies, Hess Corp shareholders are set to vote on Chevron's proposed $53 billion acquisition. However, the decision has been met...