This will mark the second time shareholders have a say on this plan for the chief executive officer’s compensation. The measure easily passed in 2018, but in January a judge in Delaware, where Tesla is incorporated, struck it down, saying that investors weren’t fully informed of key details. Under the plan, Musk was eligible for as […]
shareholders
(Adds details from the company’s proxy filing in paragraph 6) May 6 (Reuters) – Hedge fund Shah Capital on Monday urged Novavax shareholders to vote against the re-election of three directors and proposals related to executive compensation, weeks after pushing for a board shakeup at the COVID-19 vaccine maker. Shah […]
(Bloomberg) — Institutional Shareholder Services urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant. CEO David Calhoun’s 45% pay jump from the prior year should be […]