Elon Musk recently admitted on X that he delayed a shipment of thousands of Nvidia chips for Tesla. Musk also hopes that Tesla investors will vote to reinstate his massive stock options package. Several Tesla shareholders who have urged against the pay package say he still doesn’t deserve it. Several institutional shareholders of Tesla told […]
Tag: Shareholders
Tesla stands by Musk pay after ISS urges shareholders to reject package
(Reuters) – Tesla on Monday defended a proposal to ratify CEO Elon Musk’s $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended shareholders to vote against the proposal. The electric-vehicle maker argued that his pay package – one of the biggest in corporate America […]
International shareholders arrive ahead of Walmart Associates Week
BENTONVILLE, Ark. (KNWA/KFTA) — International shareholders for Walmart touched down at Northwest Arkansas National Airport on Sunday ahead of Walmart Associates week. They were greeted with an unofficial celebration to welcome them to the Natural State. Walmart associates welcome international shareholders to Northwest Arkansas (Photo: KNWA/FOX24) Walmart commits up to $2 million to help with […]
Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports
(Reuters) – Skydance Media last week revised its offer for Paramount Global to buy up to a certain number of non-voting Paramount shares at $15 each, the Wall Street Journal reported on Sunday citing people familiar with the matter. The new proposal values Paramount B-shares at a roughly 26% premium to Friday’s close, the report […]
Hess shareholders vote, approve $53 billion Chevron merger
Hess (HES) shareholders have ultimately given the green light for the energy giant to be acquired by Chevron (CVX). Yahoo Finance Senior Business Reporter Ines Ferré breaks down the latest on this merger and comments from Chevron after the Hess shareholders vote. For more expert insight and the latest market action, click here to watch […]
Tesla Shareholders Should Vote No On Elon Musk’s $56 Billion Pay Deal, Glass Lewis Says
Tesla (TSLA) shareholders should reject CEO Elon Musk’s proposed $56 billion compensation package, proxy advisory firm Glass Lewis said. Tesla stock fell a fraction early Monday. X Glass Lewis said in a report released Saturday that the pay deal is “excessive” and cited the “dilutive impact” on current shareholders. Investors first approved the pay deal […]
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal, […]
Group of Tesla shareholders ask investors to vote against Musk’s compensation package
A group of Tesla shareholders are asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that it’s not in the electric vehicle maker’s best interest. Tesla is struggling with falling global sales, slowing electric vehicle demand, an aging model lineup and a stock price that has […]
Tesla shareholders ask investors to vote against Musk’s compensation package
A group of Tesla shareholders are asking investors to vote against a compensation package worth more than $40 billion for chief executive Elon Musk, saying that it is not in the electric vehicle maker’s best interest. Tesla is struggling with falling global sales, slowing electric vehicle demand, an ageing model line-up and a stock price […]
Boeing shareholders approve chief’s compensation as company faces investigations
Boeing shareholders approved chief executive officer David Calhoun’s 32.8 million dollar (£25.8 million) compensation on Friday and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes. It comes after a door plug blew off a Boeing 737 Max jetliner in January. Mr Calhoun said the […]
Boeing shareholders approve CEO’s compensation as company faces investigations, possible prosecution
Boeing shareholders on Friday approved CEO David Calhoun’s $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 737 Max jetliner in January. Calhoun said the company is finishing a 90-day plan for fixing […]
Departing Boeing CEO’s board status faces Friday vote by shareholders
(Reuters) – Boeing shareholders will vote on Friday whether outgoing CEO Dave Calhoun should remain on the board, adding intrigue to an annual general meeting (AGM) where investors are expected to seek clarity on future leadership of the planemaker. Former Qualcomm chief Steve Mollenkopf will make his first public appearance as chairman at the virtual […]