FILL IN THE BLANK: BLANK CEO pay soars despite company being "not good enough", BLANK is new best selling US beer that also is LGTBQ friendly, and more

Live from Matt Moscardi’s 12th floor terrarium, it’s the only ESG adjacent game show ever made, BUSINESS PANTS THURSDAY. Featuring BS-Man Matt Moscardi and and Jessie the Money Whisperer.

In today’s social media Hindenburg called June 15, 2023: The World’s Stupidest But Best Fill-In-the-Blank ESG News Quiz!

1. BLANK prices IPO at $22 per share, above stated range

1. Cava, founded in 2006, opened its first location in 2011 and now operates more than 260 restaurants. 

2. BONUS QUESTION: Pre-IPO how many female directors in its 17 years of business did Cava need to screw in a light bulb in the hummus refrigerator?

1. ONE: Karen Kochevar

2. BLANK CEO pay soars despite 'not good enough' verdict

1. Former Vodafone boss Nick Read trousered precisely £3.875 million (US$4.9 million) for his last nine months in charge, about 93% of what he collected for the previous full year, according to the UK-based operator's recently published annual report. This was after Vodafone's share price fell 43% on his watch and as Margherita Della Valle, his chief financial officer (CFO) and successor, delivered a verdict of "not good enough" on Vodafone's performance before she took over. 

1. BS: Nick Read: .500 earnings batting average/.351 tsr batting average

2. Glass Cliff Alert: At the end of April Vodafone appoints Della Valle as permanent CEO with 'change mission'

1. She stepped into the top role on an interim basis after Nick Read abruptly left in December, when he agreed with the board that it was the right moment for a new leader.

3. Just yesterday:

1. Vodafone Group (VOD) and CK Hutchison, which owns Britain’s Three UK mobile phone network, announced they would be merging their U.K. telecom businesses, months after they began negotiations on a deal.

3. America's new best selling beer BLANK is also an LGBTQ champion

1. Modelo Especial overtook Bud Light to become the nation's most popular beer

1. Modelo Especial, a Mexican beer, is now officially America’s favorite. The beverage, marketed by Constellation Brands, was the top-selling beer for May, with 8.6% of all beer sales in the US, overtaking the long-time market leader Bud Light, an Anheuser-Busch (AB InBev) brand. Modelo’s dominance looks set to continue in June, as so far it holds 8.4% of market share.

2. Bud Light’s loss of market share appeared to benefit other light beers: Coors Light, which was the one to have the highest increase in market share, going from 5.1% to 6.2% of the market; Miller Lite, which went from 4.6% to 5.3%; and Modelo Especial, which was the second-highest seller before it overtook Bud Light.

3. But if anti-LGBTQ activists think they were successful in making their point, they may be sorry to learn Constellation Brands has shown its support for LGBTQ rights even more than AB InBev. And so has Molson Coors, the maker of Coors Light, and Miller Lite.

4. The CEO at BLANK credits corporate ‘do-gooderism’ for the company’s turnaround

1. Etsy CEO Josh Silverman said Etsy’s efforts to reduce carbon and build diversity have helped its bottom line.

2. BS: FPG= 44/35

1. Silverman is Hall-of-Famer… batting .782 overall/.948 carbon

5. BLANK ordered to pay $25 million to ex-manager who claimed she was fired because she was white

1. Starbucks was ordered to pay $25.6 million in damages to a former employee this week.

2. Shannon Phillips claimed she was fired from her role as a regional director because she was white.

3. After a 2018 viral video, Phillips pushed back on disciplining a white manager who wasn't involved, she said.

6. BLANK complains to FCC that listing all of its monthly fees is too hard

1. Comcast complains to FCC that listing all of its monthly fees is too hard

2. Comcast blasted for seeking "loopholes" in rule requiring disclosure of all fees.

3. Comcast is not happy about new federal rules that will require it to provide broadband customers with labels displaying exact prices and other information about Internet service plans.

4. In a filing last week, Comcast told the Federal Communications Commission that it is "working diligently to put in place the systems and processes necessary to create, maintain, and display the labels as required." But according to Comcast, "two aspects of the Commission's Order impose significant administrative burdens and unnecessary complexity in complying with the broadband label requirements."

5. Proxy: “each holder of Class A common stock is entitled to 0.06797 votes per share and each holder of Class B common stock is entitled to 15 votes per share.”

1. CEO and Chair Brian Roberts owns 100% of Class B shares

1. Son of the founder

2. BS: Brian Roberts (72%)

3. FPG 30/6

1. Women don’t watch TV so it’s fine

7. BONUS QUESTION 1: Grubhub fires delivery driver accused of stealing a customer's BLANK off her front porch

1. Kitten

8. BONUS QUESTION 2: Twitter co-founder Evan Williams says Elon Musk’s purchase of the company made him BLANK’

1. sad

9. BONUS QUESTION 3: High-tech pizza company Zume that raised nearly $500 million and would cook a pie in transit is BLANK

1. broke

10. BONUS QUESTION 4: BLANK To Get $700K To Plan For Climate Change Impacts

The Town of West Hartford will get $700,000 to lead engineering studies and preliminary designs for reducing flooding near Kennedy Brook and Kane Brook in West Hartford/Hartford in partnership with Resilient Connecticut.