×

Executive Compensation Bonuses

  • Oct 9- U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund's chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, who is retiring due to health reasons after a dozen years as a director, GE said in...

  • Oct 9- U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund's chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, who is retiring due to health reasons after a dozen years as a director, GE said in...

  • Oct 9- U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund's chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, who is retiring due to health reasons after a dozen years as a director, GE said in...

  • Oct 9- U.S. industrial conglomerate General Electric Co said on Monday it had elected Ed Garden, the founding partner and chief investment officer of activist investment firm Trian Fund Management, to its board of directors. Garden will replace Robert Lane, who is retiring due to health reasons, GE said in a statement. Nelson Peltz- led Trian, which has a stake of...

  • HOUSTON, Sept 28- Chevron Corp Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson, the oil and natural gas producer said on Thursday. The move copies rival Exxon Mobil Corp, which this year named refining expert Darren Woods as its CEO, a step seen as prioritizing cash generation to protect payouts to...

  • HOUSTON, Sept 28- Chevron Corp's Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson, the oil and natural gas producer said on Thursday. Last year, Watson earned $24.6 million in pay, share options and bonuses, up from $22 million in 2015. Wirth was paid $9.1 million last year, up from $8.1 million in 2015..

  • *Teva shares up 16 pct in New York, Lundbeck falls 13 pct. JERUSALEM/ COPENHAGEN, Sept 11- Teva poached Lundbeck's Kare Schultz as its new chief executive on Monday, handing the drugs industry veteran the urgent task of convincing investors of the struggling Israeli firm's future. One key initial decision for Schultz, who will be paid a base salary of $2 million a year...

  • LONDON, May 18- Insurers in over 100 countries face a "once in a lifetime" accounting change from January 2021 with the introduction of a uniform international book-keeping standard, details of which will be published on Thursday. The new rule from the International Accounting Standards Board will affect 450 listed insurers who manage $13 trillion in assets.

  • LONDON, May 18- Insurers in over 100 countries face a "once in a lifetime" accounting change from January 2021 with the introduction of a uniform international book-keeping standard, details of which will be published on Thursday. The new rule from the International Accounting Standards Board will affect 450 listed insurers who manage $13 trillion in assets.

  • EDINBURGH/ LONDON, May 11- Royal Bank of Scotland Thursday defended its new executive pay plan at its annual shareholder meeting on Thursday after some investors criticised the policy for still being too generous. Pensions and Investment Research Consultants and Institutional Shareholder Services, two leading advisory groups, had urged shareholders to...

  • EDINBURGH/ LONDON, May 11- Royal Bank of Scotland on Thursday defended its new executive pay plan after some shareholders said they would vote against the policy at the annual general meeting. "The time is right for a new, simpler approach, developed specifically to align with RBSs culture and our thinking on pay," Sandy Crombie, the chairman of RBS's remuneration...

  • BOSTON, April 21- A high-stakes shareholder vote at Wells Fargo& Co next week will determine whether the bank has done enough to retain investor confidence after its phony-account scandal, and whether a leading proxy adviser wields enough clout to help oust most of its board. In one of its toughest shareholder notes, Institutional Shareholder Services...

  • Google's Waymo staffers quit after multimillion-dollar paychecks

    Long-time workers of the company's car project leave after huge pay.

  • Spend your year-end bonus in smarter ways

    Experts suggests using the extra income to tackle debt or beef up your emergency fund.

  • Deutsche Bank's proof is in the pudding: Analyst

    Gildas Surry, partner at Axiom Alternative Investments, discusses Deutsche Bank's unexpectedly positive third-quarter earnings.

  • One of the U.K.’s best-known fund managers has scrapped bonuses at his investment management firm, saying there is little correlation between bonuses and performance.

  • Wall Street

    Bonuses in the Big Apple’s securities business tumbled 9 percent to $146,000 on average, New York’s comptroller found. Earnings fell, too.

  • Wall St. bonuses drop

    CNBC's Mary Thompson reports that as corporate profits have fallen since 2014, Wall Street average bonuses have also dropped for the second year in a row.

  • Should you expect a holiday bonus?

    Only 24% of companies offer nonperformance-based bonuses at the end of the year.

  • Wall Street Bonus pay to fall

    Year-end compensation for workers in the financial industry will fall up to 10 percent.