BIZ NUGGETS, featuring Darren Woods feels bullied, renewables are energy Ozempic, and which board has more skills
Live from the ISS ESG Skeptic Desiree Fixler Pavillion, it’s an all-new terrific Tuesday edition of Business Pants. Joined by Analyst-Hole Matt Moscardi! In today’s Victim-scented Exxon CEO called June 5, 2024: Biz Nuggets and the Data Throwdown
Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE. If you are curious if your directors actually generate shareholder returns and how big the gender power gap is, go to freefloatanalytics.com and sign up.
DAMION1
Nuggets
In our 'Ugh, sorry, what I meant to say is that the chances of shareholders or directors having any say in anything I think, say, or do at Spotify is "close to zero"' headline of the week. Spotify’s CEO got roasted by artists after he said the cost of creating content is ‘close to zero.’ Now he’s trying to walk back his ‘clumsy’ remark
In our 'Exxon CEO Darren Woods immediately sues anyone who owns a Bob Dylan record, smells like weed, or knows what an organic tomato is' headline of the week. Vermont Becomes 1st State To Force Oil Companies Pay For Climate Change Damage
In our 'World Admits That People Don't Actually Like Sam Altman' headline of the week. Sam Altman Admits That OpenAI Doesn't Actually Understand How Its AI Works
In our 'The judge was particularly swayed when Zuck's lawyers argued, "Is his last name Instagram? Is his middle name Facebook? Is his first name WhatsApp?"' headline of the week. Mark Zuckerberg gets dropped from a lawsuit blaming Meta for child exploitation
In our 'The other 4% said "No, I'm not an actual cowboy and I'm not like a gumball, it's Kimbal with one 'L'' headline of the week. Nearly 96% of Board Directors Expect a Continued or Stronger Focus on ESG Despite Ongoing Backlash
MATT1
Nuggets
In our 'I'm not fired, YOU'RE fired. Also, you were a lousy lay.' headline of the week. Missouri candidate 'fires' her employer for 'woke' stances
In our 'Are renewables the Ozempic of energy?' headline of the week. Capitalists Alarmed as Renewables Keep Making Electricity Temporarily Free
In our 'According to an internal memo, they've reached out to Kathy, who once rode a plane to Dallas, Cheeto, the guy outside the local bodega, and Big Bird, who turns out was, indeed, fictional' headline of the week. Boeing's Calhoun says its board is ready to make decisions for succession
In our 'How much Pizza Hut, Taco Bell, and KFC have you eaten today?' headline of the week. Am I delusional?': How to get honest answers according to the former CEO of Pizza Hut, Taco Bell and KFC
In our 'Wow, you REALLY screwed this up. There's only one option left - we have to make you our head of strategy' headline of the week. After being dragged down for months by accounting probe, Autodesk reassigns CFO and sees its stock surge
DAMION2
Nuggets
In our 'So let me get this straight, vote NO on the chair who has been there for only 2 months but yes on the CEO who has been there for 2 years but no on the CEO's pay plan but yes on the committee that wrote the CEO’s pay plan that we are voting no on? Also, vote no on the egg yolk but yes on the toaster while voting no on the toast?' headline of the week. ISS urges DocGo shareholders to vote out chairman and against CEO pay
In our 'It's official scientific name is Board-is Tesla-us' headline of the week. Scientists Connect 16 Mini Brains Made of Human Tissue to Create a "Living Computer
In our 'He also traded former Disney CFO Jay Rasulo for three pieces of wicker patio furniture, including an ottoman with additional storage' headline of the week. Nelson Peltz sells entire Disney stake weeks after losing proxy battle
In our 'Lame duck but laser-focused CEO Dave Calhoun said they are more commonly known as the Boeing 737 MAX' headline of the week. Boeing got a $7.5 billion U.S. military contract for 'smart' bombs
In our 'Exxon CEO Darren Woods has accused Melinda French Gates of having conflicts of interest and is demanding she recuse herself because she is also a woman' headline of the week. Melinda French Gates is going her own way: Donating $1 billion to women’s rights after leaving the foundation she created with her ex-husband
MATT2
ALL BULLYING EDITION OF Nuggets
In our 'Women's coats have filed a class action lawsuit against minks for violating Marc Jacobs civil rights' headline of the week. Marc Jacobs Said He Was Bullied By Protesters Into Renouncing Fur
In our 'Door plugs have filed a lawsuit in federal court against the FAA for discrimination against non-functional door plugs' headline of the week. US senator urges FAA to ensure accountability in Boeing quality plan
In our 'Florida sues black women for bullying them by existing' headline of the week. Florida appeals court rules that grant program for Black women entrepreneurs violates the Civil Rights Act
In our 'Toenails and armpit hair are considering a lawsuit for discrimination, saying they were there first' headline of the week. Butts, breasts, and genitals now explicitly allowed on Elon Musk’s X
In our 'Cowboy hats have filed a defamation suit for being improperly associated with Brooklyn billionaire brother' headline of the week. Who is Kimbal Musk, the Tesla director in cowboy hat?
DAMION3
Data Throwdown
Skills Matrix Rivalry Battle
Uber OR Lyft: Which board has non-executive directors with the highest level of “transportation” expertise
CVS or Walgreens: which company reflects skillsets associated with patient healthcare?
Nike vs. Adidas: Which one is cooler? How to pick a shoe company? Which skill should you focus on?
MATT3
Data Throwdown
Gender ETFs top five holdings average gender power gap
Power Gap
Ticker
Fund
-18
WOMN
Impact Shares YWCA Women's Empowerment ETF
-18
SHE
SPDR MSCI USA Gender Diversity ETF
-17
BKWO
BNY Mellon Women's Opportunities ETF
-12
EQUL
IQ Engender Equality ETF
-10
ELLE
Lyxor Global Gender Equality (DR) UCITS ETF
-9
FDWM
Fidelity Women's Leadership ETF
-9
WOMN
BMO Women In Leadership Fund ETF
5
WCEO
Hypatia Women CEO ETF
Most common top five holding: Meta Platforms
